Bankruptcy seemed to. The trustee assigned to vick’s bankruptcy said what vick did “is remarkable” by “paying 99 cents on the doll. After serving 548 days in prison for his participation in an illegal dog fighting ring, former nfl quarterback michael vick ’ s future in the league and his earning potential were highly uncertain. By the time of his release from prison in 2009, he was indebted to the royal bank of canada, bank of america, bmw financial services, the us department of labor, and wachovia bank, as well as owing hundreds of thousands of dollars in tax debts. Whether you like vick or not, the fact is that he has done something few others have done by remaking his life both profe. See full list on billsbills. com · michael vick owed $17. 6 million after filing for bankruptcy back in 2008, and now he can reportedly put the entire thing behind him. The same circumstance wrecked his finances, but he came back from that as well. He filed for bankruptcy in 2008 and just paid off the last of his $ 17. 4 million debt. · former nfl quarterback michael vick made the final $1. 5 million payment to creditors on thursday, paying back more than $ 17 million in debt owed since his july 2008 bankruptcy. · retired nfl quarterback michael vick stayed true to his word and paid back $17. 6 million in debt with the final payment clearing on thursday. Vick owed $17. 6 million and paid back all but $200k of the debt. Michael vick wanted to pay back what he owed and filed chapter 11 bankruptcy in july 2008 even though he was in prison and earning a pittance for mopping floors at leavenworth. The former nfl star is officially out of bankruptcy after he paid back more than $ 17 million in debt ! While in jail, vick found himself in default on several loans and neck-deep in debt. Back in 2007, it came out that vick and his cousin had been operating a dog-fighting ring in virginia for years. his arrest put an end, for a while, to his nfl career with the falcons. Vick is one of those rare comeback stories because he overcame a criminal charge that could have ended his career but went on to fight his way back. · a judge has put to rest all of michael vick ’ s financial troubles.
