Author Topic: Michael Vick has filed for bankruptcy  (Read 9416 times)

Camel Jockey

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Re: Michael Vick has filed for bankruptcy
« Reply #25 on: July 08, 2008, 10:39:39 AM »
Famous, tons of money, yet he still felt the need to borrow beyond his limit with any anticipation of the future.

And just look at how the people in this country handle money and credit from top to bottom. It's an absolute joke.

I don't feel sorry for the idiots losing their homes, and I certainly don't feel anything for this dumbass.

tommywishbone

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Re: Michael Vick has filed for bankruptcy
« Reply #26 on: July 08, 2008, 11:48:51 AM »
It's 2008 in America, bankruptcy means nothing. Dude is still a multi-millionaire and will never have to work any job in his life.... other than his current little job of serving food in the prison chow hall for a year or two. No big deal.
a

candidizzle

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Re: Michael Vick has filed for bankruptcy
« Reply #27 on: July 08, 2008, 01:10:00 PM »
DMX framed Michael Vick

true story
ha ha !  ;D

XFACTOR

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Re: Michael Vick has filed for bankruptcy
« Reply #28 on: July 08, 2008, 01:12:59 PM »
again, those dogs are not people aggressive.  here's a pic of the dogs badrap.org (the group i do work with) rescued:



not exactly bloodthirsty

Not to sound cheesy, but that's awesome man!!  Great stuff.

Rudee

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Re: Michael Vick has filed for bankruptcy
« Reply #29 on: July 08, 2008, 01:38:39 PM »
Bullshit bro,
He lost all his endorsements,
Everything.
He is so done,
He'll have to resort to sellin
crack in the ghetto.

Right where he belongs.


You obviously have no idea what bankruptcy protection is.   It's done to protect assets from creditors, hence the term "bankruptcy protection".   Do you not get the concept?   The end result is he keeps millions of his hard-earned cash from going to creditors.   Even if he doesn't get a single endorsement from this point forward he will still be able to hold on to millions of his own cash and live a very comfortable life.   Of course such a move is a huge black mark on his ability to obtain credit, but with the number of people he owes money to, declaring bankruptcy was a smart move on his part. 

candidizzle

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Re: Michael Vick has filed for bankruptcy
« Reply #30 on: July 08, 2008, 01:40:55 PM »
man fuck that, vick was one of the few remaining exciting players in the nfl...

get that mother fucker back in pads and out on the field breakin foolz ankles !

Moosejay

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Re: Michael Vick has filed for bankruptcy
« Reply #31 on: July 08, 2008, 01:43:12 PM »
Exactly. Fine him, suspend him but throw him in jail almost 2 years? And Marion's deal is even more ridiculous.

BS..

That piece of shit deserves everything he gets and more

Fucking uncivilized animal

Moosejay

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Re: Michael Vick has filed for bankruptcy
« Reply #32 on: July 08, 2008, 01:45:01 PM »

You obviously have no idea what bankruptcy protection is.   It's done to protect assets from creditors, hence the term "bankruptcy protection".   Do you not get the concept?   The end result is he keeps millions of his hard-earned cash from going to creditors.   Even if he doesn't get a single endorsement from this point forward he will still be able to hold on to millions of his own cash and live a very comfortable life.   Of course such a move is a huge black mark on his ability to obtain credit, but with the number of people he owes money to, declaring bankruptcy was a smart move on his part. 

but he won't

how has he proved he has the ability to hold onto money?

He hasn't

Moosejay

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Re: Michael Vick has filed for bankruptcy
« Reply #33 on: July 08, 2008, 01:47:50 PM »
Michael Vick files for bankruptcy protection
By MICHAEL FELBERBAUM, Associated Press Writer
58 minutes ago
 
      Buzz Up Print
In this Dec. 31, 2006 file pho…

AP - Jul 8, 9:36 am EDT NFL Gallery RICHMOND, Va. (AP)—Imprisoned quarterback Michael Vick filed for bankruptcy protection while serving time for federal dogfighting charges, saying he owes between $10 million and $50 million to creditors.

Vick filed Chapter 11 papers in U.S. Bankruptcy Court in Newport News on Monday. The seven largest creditors listed in the court papers are owed a total of about $12.8 million.

The suspended Atlanta Falcons quarterback hopes he “can, after the conclusion of the bankruptcy case, rebuild his life on a personal and spiritual level, resurrect his image as a public figure, and resolve matters with the NFL such that he can resume his career,” according to the filings.

Vick is serving a 23-month prison sentence at the U.S. Penitentiary in Leavenworth, Kan., after pleading guilty last year to bankrolling a dogfighting ring. He was subsequently suspended indefinitely without pay and lost all his major sponsors, including Nike. He also faces state charges related to dogfighting.

The debt includes part of a signing bonus that the Falcons are seeking to recover.

After the plea on dogfighting charges, the Falcons tried to recover about $20 million in bonuses Vick earned from 2004 to 2007. But a federal judge held that Vick is entitled to keep all but $3.75 million of the money paid to him for playing football through the 2014 season.

According to the filings, Vick’s other debts include $4.5 million owed to Richmond-based Joel Enterprises Inc., and $550,0000 owed to Radtke Sports Inc. for breach of contract.

In May, a federal judge ordered Vick to repay about $2.5 million to a Canadian bank for defaulting on a loan. The Royal Bank of Canada had sued Vick in September, arguing his guilty plea to a federal dogfighting charge—and the resulting impact on his career—prevented him from repaying the loan.

A default judgment for $1.08 million also was entered in January against Vick and a business partner in a lawsuit brought by Wachovia Bank over a loan for an Atlanta-area wine shop and restaurant.


last thing these asshole athletes should do is copen 'clubs & restaurants'

Fury

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Re: Michael Vick has filed for bankruptcy
« Reply #34 on: July 08, 2008, 01:49:37 PM »
The Toronto Star estimates that 60% of NBA players are broke within 5 years of retirement.

Moosejay

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Re: Michael Vick has filed for bankruptcy
« Reply #35 on: July 08, 2008, 01:52:13 PM »
The Toronto Star estimates that 60% of NBA players are broke within 5 years of retirement.

that was from rick reilly's si article 5 days ago,,,,'bankrupt' after 5 years retirement, many others in similar arrears

i laugh at those who say, /'oh, vick is a great athlete...he should be on the field, blah, blah...'

no

candidizzle

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Re: Michael Vick has filed for bankruptcy
« Reply #36 on: July 08, 2008, 01:55:33 PM »
that was from rick reilly's si article 5 days ago,,,,'bankrupt' after 5 years retirement, many others in similar arrears

i laugh at those who say, /'oh, vick is a great athlete...he should be on the field, blah, blah...'

no
hey, football is an entertainment sport

the nfl makes money because its fun to watch

who is more fun to watch than mike vick???   few guys are as exciting as him.

Moosejay

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Re: Michael Vick has filed for bankruptcy
« Reply #37 on: July 08, 2008, 01:59:15 PM »
hey, football is an entertainment sport

the NFL makes money because its fun to watch

who is more fun to watch than mike Vick???  few guys are as exciting as him.

IMO, Vick is overrated

dogfighting, to some, is exciting, but its still illegal

Vick is a felon, don't want him part of it, my opinion and that of the judge

candidizzle

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Re: Michael Vick has filed for bankruptcy
« Reply #38 on: July 08, 2008, 02:00:11 PM »
IMO, Vick is overrated

dogfighting, to some, is exciting, but its still illegal

Vick is a felon, don't want him part of it, my opinion and that of the judge
overrated, maybe

he certainly could be a better quarterback, as far as winning games goes

but, overrated, as far as being entertaining and fun to watch play? no i dont think so

Fury

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Re: Michael Vick has filed for bankruptcy
« Reply #39 on: July 08, 2008, 02:00:32 PM »
IMO, Vick is overrated

dogfighting, to some, is exciting, but its still illegal

Vick is a felon, don't want him part of it, my opinion and that of the judge

Ray Lewis is a murderer and revered by many.

body88

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Re: Michael Vick has filed for bankruptcy
« Reply #40 on: July 08, 2008, 02:04:03 PM »
hey, football is an entertainment sport

the nfl makes money because its fun to watch

who is more fun to watch than mike vick???   few guys are as exciting as him.

Randy Moss
T.O
Chad Johnson
Brady
Manning
Shockey
LT
Housh
Romo
Farve ( he'll be back)
Harrison and Wayne
Welker
Mario Williams
Jared Allen
Terrell suggs
Westbrooke
Marion Barber
Adrian Petterson
Ed Reed
Vrabel
Gonzales
Gates
Hester
Figers
Addai
Plexico
The Giants defensive line
Jones Drew
Portis


Thats just off the top of my head. Sure Vick could run, but he is a pretty bad qb. World class athlete no doubt.

Moosejay

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Re: Michael Vick has filed for bankruptcy
« Reply #41 on: July 08, 2008, 02:06:07 PM »
overrated, maybe

he certainly could be a better quarterback, as far as winning games goes

but, overrated, as far as being entertaining and fun to watch play? no i dont think so

i see your point

but his moral corrosion disallows the likes of me from revelling in his athletic exploits

Moosejay

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Re: Michael Vick has filed for bankruptcy
« Reply #42 on: July 08, 2008, 02:06:48 PM »
Ray Lewis is a murderer and revered by many.

yes

not by me

candidizzle

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Re: Michael Vick has filed for bankruptcy
« Reply #43 on: July 08, 2008, 02:06:58 PM »
Randy Moss
T.O
Chad Johnson
Brady
Manning
Shockey
LT
Housh
Romo
Farve ( he'll be back)
Harrison and Wayne
Welker
Mario Williams
Jared Allen
Terrell suggs
Westbrooke
Marion Barber
Adrian Petterson
Ed Reed
Vrabel
Gonzales
Gates
Hester
Figers
Addai
Plexico
The Giants defensive line
Jones Drew
Portis


Thats just off the top of my head. Sure Vick could run, but he is a pretty bad qb.
nooooooo way dude. a few of those guys are omparable, but most of them are super inconsistant. vick was always exciting. every game.

candidizzle

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Re: Michael Vick has filed for bankruptcy
« Reply #44 on: July 08, 2008, 02:07:53 PM »
Ray Lewis is a murderer and revered by many.
one of the greatest defensive players of all time !

body88

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Re: Michael Vick has filed for bankruptcy
« Reply #45 on: July 08, 2008, 02:10:39 PM »
nooooooo way dude. a few of those guys are omparable, but most of them are super inconsistant. vick was always exciting. every game.


Which one of the guys I listed is super inconsistent? Any NFL gm would take every single one of those players over Vick. Vick is a world class athlete, and a great rusher, but he is a very poor qb, and to small to be a every down rb in the NFL. Most are pro bowlers, hof's and playmakers on their teams.

Vicks razzle and dazzle was all show and no go, thats why the Falcons sucked so bad with him running the team.

m8

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Re: Michael Vick has filed for bankruptcy
« Reply #46 on: July 08, 2008, 02:10:53 PM »
He looks like a very intelligent human being.

candidizzle

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Re: Michael Vick has filed for bankruptcy
« Reply #47 on: July 08, 2008, 02:12:39 PM »

Which one of the guys I listed is super inconsistant? Any NFL gm would take every single one of those players over Vick. Vick is a world class athlete, and a great rusher, but he is a very poor qb, and to small to be a rb in the NFL.
im not arguing thir consistancy in ;evel of play...just in their entertainment level.

i guess if you are super educated when it comes to playing skills and and nfl talent, then the better the player=the more entertaining

but, most people, myself included, have no idea if a player has got real SKILL or not..its all about the glamourous plays, the long bombs, the juke moves, and the big hits.    

who is really going to notice a defensive linemans technique when he does a swim move on the center ??? lol..      very few people

Moosejay

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Re: Michael Vick has filed for bankruptcy
« Reply #48 on: July 08, 2008, 02:12:54 PM »
Randy Moss-Problem player
T.O-Problem player
Chad Johnson-'Ocho Cinquo' overly egotistic
Brady-Bastard Child
Manning-Boy Scout
Shockey-Team Cancer
LT-Showed true colors jawing after NE win, Slandered Belichick
Housh-Don't hear much about him
Romo-Can't keep dick in pants, distracts team
Farve ( he'll be back)-Turning out this guy is not very homorable
Harrison and Wayne-Harrison future jailbird
Welker
Mario Williams-Turned out to be good #1 pik so far
Jared Allen-DUI history
Terrell suggs
Westbrooke
Marion Barber
Adrian Peterson
Ed Reed
Vrabel
Gonzales
Gates
Hester
Figers
Addai
Plexico-Complainer
The Giants defensive line
Jones Drew
Portis-CONDONES VICK'S 'SPORT' OF DOGFIGHTING


Thats just off the top of my head. Sure Vick could run, but he is a pretty bad qb. World class athlete no doubt.

yOU ARE RIGHT THO...THESE GUYS ARE ALL AS GOOD BETTER THAN vICK.

THE ONLY ONE OF WORSE CHARACTER THAN VICK IS HIS JACKOFF BROTHER

Moosejay

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Re: Michael Vick has filed for bankruptcy
« Reply #49 on: July 08, 2008, 02:15:45 PM »
im not arguing thir consistancy in ;evel of play...just in their entertainment level.

i guess if you are super educated when it comes to playing skills and and nfl talent, then the better the player=the more entertaining

but, most people, myself included, have no idea if a player has got real SKILL or not..its all about the glamourous plays, the long bombs, the juke moves, and the big hits.    

who is really going to notice a defensive linemans technique when he does a swim move on the center ??? lol..      very few people

I COUNT ABOUT 20 from that list (inc ginat d line) with Rings.

Vick=0