Bills, Bills, Bills

Someone bought Michael Vick’s neglected things for $10:

Vick pulled the ol’ “Paris Hilton” by leaving a bunch of his stuff in a storage locker that hadn’t been paid for. The contents of the locker, stocked with all sorts of Vick’s personal goodies, eventually went on the auction block. Since only five people showed up to the sale, a dude named Edward Howard says he was able to obtain the treasure trove of obscurities for a whopping ten bucks. Now, Howard says he’s already made a few hundred bucks selling off some of Vick’s bedroom furniture and clothes on a street corner just a few days ago. What Howard won’t sell are pictures of Vick with his first-born son Mitez, a signed football Mike gave the kid, and other baby memorabilia. Howard says he’d like to meet Vick some day to hand over the stuff personally. Vick will be in Leavenworth, KS for at least another year, case anyone’s looking.

Well Mike ya gotta do what ya gotta do man, you know...PR

Via TMZ

Poor Thang

Mike Vick is still in financial turmoil:

Michael Vick is losing nearly $12,000 a month according to court documents filed Tuesday in his bankruptcy case. Vick’s Schedule of Assets and Liabilities, admittedly incomplete, were filed with the U.S. Bankruptcy Court and obtained by the Atlanta Journal-Constitution Wednesday. In the documents the imprisoned Falcons quarterback lists average monthly expenses of $12,225 and a monthly income of just $277.69. The difference is $11,947.31. Vick’s monthly income is solely derived from a benefit pension plan and does not include the wages of 12 cents per hour he earns working in prison. Vick, serving a 23-month federal prison sentence on felony charges related to dogfighting, filed Chapter 11 bankruptcy last month. Vick lists total assets of just over $10 million. He also lists nearly $19 million is liabilities, which includes claims, some disputed, against him by creditors.

Vick’s current monthly expenditures for one of his Virginia homes is listed below. The document will be amended to reflect Vick’s other homes, according to the court documents.

Rent or mortgage payments: $4,500

Electricity and fuel: $700

Water and sewer: $100

Telephone: $300

Pest control: $400 (3-4 months)

Home maintenance: $400

Food: $1,600

Clothing: $500

Laundry and dry cleaning: $75

Medical and dental: $300

Transportation (not car payments): $1,800

Charitable contributions: $800

Auto insurance: $550

Medical maternity bill: $200 (for complications from birth of London Vick, youngest daughter)

Damn, all this because of some snitchin ass family members. SMH.

Source

No Money More Problems

The Vickster has requested a delay in his bankruptsy hearing:

The suspended NFL star, appearing by teleconference in U.S. Bankruptcy Court in Newport News on Thursday, said he needs more time to file lists of creditors. The 28-year-old also asked to appoint adviser David Talbot as the manager responsible for handling Vick’s affairs while the former Atlanta Falcon serves his time in prison. Court records show that Talbot has received payment so far in the form of a Mercedes-Benz given to him by Vick six weeks ago. A ruling on Vick’s motions is expected July 28.

Desperate times call for desperate measures. Poor thang.

Source

When Funds are Gone

Mike Vick is back in the news:

Imprisoned quarterback Michael Vick is seeking bankruptcy protection, 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. Vick is serving a 23-month prison sentence at the U.S. Penitentiary in Leavenworth, Kansas, 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. According to the filing, the debt includes a $3.75 million prorated signing bonus the Atlanta Falcons are seeking to recover.

Poor thang.

Source