Michael Vick’s Walk towards Bankruptcy?

Posted on February 1, 2008
Filed Under Minor Developments |

Is this the first card in the deck that will tumble Michael Vick into bankruptcy?  He definitely appears to be positioned to sit on his assets and not pay anyone a dime.

ATLANTA (AP) — A default judgment for $1.08 million has been entered against suspended Atlanta Falcons quarterback Michael Vick and a business partner in a lawsuit over a loan for an Atlanta-area wine shop and restaurant.

Wachovia Bank brought the federal lawsuit several months ago against Vick and his partner, Gerald Frank Jenkins. The judgment was entered Jan. 17.

inRich.com

Wachovia may have won the judgement, but getting payment could be a long way off.

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Comments

3 Responses to “Michael Vick’s Walk towards Bankruptcy?”

  1. Destiny on February 14th, 2008 7:15 pm

    Peta needs to leave mike vick alone and get a job. Stop being hatters. Most of mike vick dogs are living better than the average american man woman boy or girl who are experience great poverty and hunger. Keep this thing in perspective he abused dogs which is wrong but not one human die. Mike Vick should be given the same chance as any other individual. Thats one reason why a lot of people will no longer support PETA and their causes because of pure vindictiness agains a young black millionaire

  2. DogLover332 on February 15th, 2008 1:17 am

    Actually Destiny, you are wrong once again. A human did die. A man in Michael Vick’s gambling ring was murdered 8 days after the Feds raided Michael Vick’s estate last April.

    Michael Vick was given some of the best opportunities and chances a person can ever have. He played as a quarterback in the NFL and received hundreds of millions of dollars. He could have spent money on the poor, on the homeless on Hurricane Katrina victims. Instead he bought Pit Bulls and killed them in the dog fighting rings and by his own hands for fun and sick sport.

    Michael Vick had his chance and he blew that chance. He’s currently incarcerated which is the choice HE made when he plead guilty. That’s fine let the courts do their part in this matter, but we fans have a say as well.

    Its because of the fans that the NFL, the Falcons and Michael Vick had the chances and money that they did. Without the fans none of Michael Vick’s sick twisted fantasies and experiences would have been possible. We fans do not have to give Michael Vick a second chance to make fools out of us. He does not deserve to play in the NFL again, because he gave the fans the finger literally and figuratively by taking our money and acting like a vicious twisted Fool.

    Oh, and as this is the 3rd or 4th comment you have dropped tonight. I’l repeat that we are not peta. You can dream up conspiracy theories about Peta being the ones that brought Michael Vick temporarily down to reality, but it just isn’t true. Michael Vick was his own worst enemy.

    Michael Vick did not commit those crimes because he was a young black multi-millionaire. He did not kill dogs for fun because he was black. He did not run an illegal gambling operation because he is black. I doubt Michael Vick has a vindictive bone in his body against black people, especially millionaires.

    Michael Vick did all of those stupid and illegal things because he has a serious problem, possibly a mental problem. That has nothing to do with his race nor his vast fortune. Money did not make him kill the dogs. The color of his skin did not make him set up a dog fighting operation and killing zone. The laws are not even stacked against Michael Vick, millionaires like Michael Vick or African Americans when it comes to dog fighting.

    You want to talk injustice against African Americans, there are thousands of examples, but it is not Michael Vick. In fact, I would love to see Michael Vick leave jail and work in any area to help bring equality to the justice system for African Americans. Use some of his power and influence and blood money to fix the system. Do something positive instead of all of the negative things that he has done. That is part of the reason why we do not want to see him return to the NFL.

    The NFL may or may not be complicit, but they definitely enabled Michael Vick. Sending him back to the NFL, is like sending an addict to a drug dealer. Let Michael Vick go earn his self respect back doing something good for himself, his family and the community and leave the self destructive lifestyle that harmed himself, his family, his community and resulted in the murder of one of the men in his dog fighting gambling ring.

    Until he does that he is simply a tragedy waiting to repeat itself.

  3. Areyoukinding on July 8th, 2008 1:51 pm

    Are you Kidding when you compare people starving to what Vick did. What he did was wrong he needs to go trough the motions of being punished. This has nothing to do with race and for someone to bring that up is a joke. If he was not in the public eye he would not be getting off with this as easy as he is. There are other people that have been cought for the same issue and have a worse sentence then he does.
    Just for the record, he should never be allowed to play pro sports again.

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