Michael Vick Could Face Involuntary Bankruptcy Over Unpaid Loan

Michael Vick Could Face Involuntary Bankruptcy Over Unpaid Loan

Michael Vick is reportedly facing major financial troubles!

Three creditors filed involuntary Chapter 7 bankruptcy petitions against the former NFL star and his wife, Kijafa Vick, over an unpaid $509,652.42 debt from a 2018 loan. The creditors hope to recover the funds through the couple’s assets.

Vick’s attorney, Arthur J. Jones, slammed the move, telling TMZ,

“This frivolous attempt at forcing Michael Vick into involuntary bankruptcy is a continuation of the shenanigans which began with the secondary securities market purporting to sell a usurious debt without Mr. Vick’s knowledge.”

 

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Jones added that Vick had tried to work with the creditors to settle the debt and criticized their efforts to harm his client’s reputation through media attention.

This isn’t Michael Vick’s first time facing financial issues; he filed for bankruptcy in 2008 and was sued in 2022 over unpaid loans.

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Authored by: Aaron Keenan