Arguably The Best African American Blog, Socio-economic, Justice, Politics, Fashion, Book Review, and Black Artists Blog
Sunday February 12th 2012

Michael Vick’s Attorneys – No Court-Appointed Trustee



Michael Vick
Michael Vick
A committee representing all imprisoned NFL quarterback Michael Vick’s debtors has proposed a plan to pay off his debt. However, a judge have scheduled a hearing for mid-December on the appointment of a trustee, which Vick’s attorneys oppose.  

Vick’s attorneys laid out a payment plan to Vick’s creditors that includes expected NFL earnings and possible signing bonuses after his released and reinstatement into the NFL. Vick’s attorneys plan involves those expected payments and liquidation of his larger assets. The assets include four homes in Virginia and Georgia valued at a total of $6 million; an interest in two farms; and an interest in more than 20 businesses, from a horse farm to liquor stores.

Vick’s attorneys said if the sides can’t agree in December, another hearing will be held in January. Vick was ordered to attend.

"The committee attorney acknowledged that there’s been a lot of progress, so we’re hopeful," Peter R. Ginsberg told The Associated Press.

Vick has assets of $16 million and liabilities of $20.4 million, according to the court filing in which attorneys wrote in extraordinary detail about Vick’s financial mess. Court papers revealed a fleet of vehicles, properties, businesses and the extended family he supported. Vick was once the NFL’s highest-paid player.

Vick expects to return to pro football, according to his bankruptcy attorneys who laid out a plan to pay creditors based in part on his anticipated earnings.
"The Debtor has every reason to believe that upon his release, he will be reinstated into the NFL, resume his career and be able to earn a substantial living," Vick’s attorneys wrote in a disclosure statement filed before a hearing Thursday in U.S. Bankruptcy Court in Norfolk.

While the former Atlanta Falcons star still has a contract with the Falcons, NFL Commissioner Roger Goodell would have the final say on his return, which he is counting on after he is released.

Vick is serving a 23-month sentence in a federal penitentiary for bankrolling a dogfighting ring in rural Virginia and is scheduled to be released on July 20.

He faces additional charges; which include two state felony counts, dogfighting and animal cruelty. They carry maximum prison terms of 10 years, but under a plea deal, Vick would serve a suspended sentence and a year of probation.



No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

ChocolateCity.cc Facebook Comments:

Reader Feedback

2 Responses to “Michael Vick’s Attorneys – No Court-Appointed Trustee”

  • Drummond says:

    Vick’s behavior was wrong and inexcusable. But let us not forget that we can’t selectively define cruelty.

    Animal cruelty extends beyond dogs and cats.

    Animal cruelty also includes:

    Cheney shooting quail for sports

    Palin shooting moose for fun

    Force feeding duck until its anal explodes for an enlarge liver – foie gras

    Using anal, vaginal electrocution or drowning, trapping, beating fur-bearing animals including foxes, raccoons, minks, coyotes, bobcats, lynxes, opossums, nutria, beavers, muskrats, otters, and others for an expensive garment.

  • Teresa says:

    If this guy returns to the NFL I will never watch football again–it is hideous to me that people can inflict such absolute cruelty to animals and then hope to come back and be a *star* again…for what? It’s a (*(&ing game for christsakes. Please…no more cruelty. period. You would think African Americans who *remember* being enslaved and talk about it often would be the first to show compassion for any other living being. Aren’t we supposed to learn from history? Very sad.
    think we are drawn to dogs because they are the uninhibited creatures we might be if we weren’t certain we knew better. They fight for honor at the first challenge, make love with no moral restraint, and they do not for all their marvelous instincts appear to know about death. Being such wonderfully uncomplicated beings, they need us to do their worrying. ~George Bird
    Evans, Troubles with Bird Dogs

    Our dogs will love and admire the meanest of us, and feed our colossal vanity with their uncritical homage. ~Agnes Repplier

    A dog teaches a boy fidelity, perseverance, and to turn around three times before lying down. ~Robert Benchley

More from category

Should Michael Vick be reinstated into the NFL?
Should Michael Vick be reinstated into the NFL?

Vick’s federal dogfighting sentence ended on Monday, freeing him to lobby for a return to playing football.eve [Read More]

Shoo, Fly, Don’t Bother President Obama
Shoo, Fly, Don’t Bother President Obama

Please have pity on me for having nothing better to do than to post a blog about the President of the United States [Read More]

Bo, the First Dog, a Portuguese water dog
Bo, the First Dog, a Portuguese water dog

Sen. Kennedy with his Portuguese water dogIt is no longer a “Top Secret”, a new occupant of the White House [Read More]

Facebook Fans

Copyright © 2012Chocolate City: The Best African American Blog All rights reserved wwClick.com, Inc.designed by