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Michael Vick is sued for $ 1.2 million in debt

Michael Vick could return to court soon — this time because of financial issues.

Former star quarterback Allegedly borrowed about $ 1.2 million According to the Miami Herald, to a group of creditors who went to the Broward County Circuit Court to force him to pay. Lawyers in this group have issued subpoenas to Vic and his family, who are scheduled to take testimony on August 5, according to Herald, hoping to demand assets such as cars, jewelry and souvenirs. I’m out.

“Michael Vick takes these issues seriously, is aware of the procedure, and ensures that payments are made to all parties eligible for payment,” said Arthur Jones, Vick’s attorney. Said in a statement to Herald. “But the calculation of usury that produces ridiculous results should not be granted by a Florida court. Therefore, all appropriate defenses are ensured. Further comments on any Shenanigan leading to this situation. , May be available at a later date. “

This isn’t the first time Vic (42) has suffered financial difficulties since he retired from football.

In 2018, he reportedly received a $ 400,000 loan that allegedly failed to repay, despite a $ 1.9 million ruling in court.

The subpoena was issued to Michael Vick and his family over a $ 1.2 million debt.
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He was sued in 2017 and subsequently settled for failing to fulfill a contract requiring him to appear regularly in WFAN during the 2014-15 season. He was also sued in 2017 for failing to pay for his car, eventually paying more than $ 26,000.

Vic’s home in Southwest Ranches, Florida is protected by state law, but his other assets may be at risk in his current case.

“They certainly live in their homes. Coral Gables lawyer Kevin Spinozza, who was involved in the proceedings, told Herald.” I think it’s an apparently beautiful home, home to retired NFL players. Probably. “

This debt allegedly comes from two separate loans with a company called Atlantic Solutions. This is the same company that provided Vic with a $ 400,000 loan in 2018, and he is alleged to have failed to repay.

Vic has played for the Falcons, Eagles, Jets, Steelers and the NFL for 13 seasons.

Michael Vick is sued for $ 1.2 million in debt

Source link Michael Vick is sued for $ 1.2 million in debt

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