Michael Vick is close to emerging from bankruptcy after filing for Chapter 11 protection in July 2008. The NFL player had 45 claims against him for a total of nearly $20 million after being convicted of dog fighting. He is now $350,000 away from being debt-free.
His financial comeback is in great part to his $100 million contract with the Philadelphia Eagles. He joined the team in 2009 after being released from prison and brought the team to the playoffs a year later.
Vick also has signed huge endorsement deals since coming back to the NFL. Nike has renewed its contract with him and he has signed endorsements with Unequal Sports, MusclePharm, and Core Syngery.
If you hare struggling with your finances and are considering filing for bankruptcy, contact the bankruptcy lawyers of DeLadurantey Law Office, LLC by calling 414-377-0518.