Michael Vick's bankruptcy lawyers are expected to file a new financial disclosure statement tomorrow after some creditors complained the first one was vague about Vick's finances and his prospects for returning to the NFL.
U.S. Bankruptcy Judge Frank Santoro, who ordered the new statement, has scheduled a hearing on it Jan. 30 in Newport News. The judge ordered that Vick appear in person that day on a different issue, though Vick's availability seems uncertain.
He is scheduled to be released from a federal prison camp in Leavenworth, Kan., around July 20 after serving most of a 23-month sentence for conspiring to run a dogfighting operation in Surry County.
But Vick's lawyers recently told Santoro that Vick may be transferred to Virginia as early as this month to finish his term in a halfway house.
Vick's lawyers have said the former Pro Bowl quarterback hopes to resume his career in the NFL. He resolved the only remaining charges against him last month, pleading guilty to a state felony count of dogfighting in Surry County, and receiving no additional jail time.
In Vick's first financial disclosure statement in November, his lawyers wrote he "has every reason to believe" he will be reinstated to the NFL. That assertion was among those some creditors called too lacking in detail.
Vick officially is suspended from the NFL's Atlanta Falcons, who have made it clear they do not want him back -- and who made the playoffs this season with rookie quarterback Matt Ryan. But other teams may give Vick a chance if NFL Commissioner Roger Goodell reinstates him to the league.
Once one of the NFL's most popular and highest-paid players, Vick lost millions of dollars in pay and endorsements after his arrest in 2007 on the dogfighting-operation charges.
He filed for federal bankruptcy protection in July claiming assets of $16 million and liabilities of $20.4 million.
Email
Facebook
Google
Twitter
Favorites
More
Advertisement