Vick files revised bankruptcy plan in Newport News court
Published: July 2, 2009
Updated: July 2, 2009
Suspended NFL star Michael Vick has submitted a revised bankruptcy plan that funnels more of his future earnings to creditors, though a judge did not immediately rule on the proposal.
Vick filed the new Chapter 11 plan today in U.S. Bankruptcy Court in Newport News.
A judge rejected Vick's original plan in April. The revised plan also ensures creditors will get some money even if Vick can't resume his NFL career.
NFL commissioner Roger Goodell has said he will review Vick's status after the former Atlanta Falcons quarterback completes his 23-month sentence for running a dogfighting ring. Vick is serving the last two months of the sentence on home confinement in Hampton and is scheduled to be released July 20.
Vick's next bankruptcy hearing is set for July 31.
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