(EXCLUSIVE) Michael Vick’s Financial Situation Looks Bleak, Only $50K in Bank Accounts
$868,951 in his bank accounts. On top of that, a total of $3k is taken out for professional fees due to the bankruptcy and he was left with only $818,205 during October – December of last year … but after he paid his monthly payments to his creditors as part of his repayment plan for those months he was reportedly left with only $50,744.97
Based on court records in the beginning of 2014, Vick had over $2 million in his bank accounts but paying off all his debt has left his with next to nothing leftover.
The trustee explains Vick only has one creditor left that he is battling in court over a total amount of $459k, and he also listed his future income as “unknown”. See the exclusive court docs.
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