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	<title>Comments on: VICK GOES BANKRUPT</title>
	<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/</link>
	<description>The Best Pro Football Scoop on the Internet</description>
	<pubDate>Wed, 03 Dec 2008 02:06:39 +0000</pubDate>
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		<title>By: bs123</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-53037</link>
		<dc:creator>bs123</dc:creator>
		<pubDate>Wed, 09 Jul 2008 13:39:54 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-53037</guid>
		<description>BBrophy1 - When someone files for bankruptcy protection, the bankruptcy petition has a chart on the first where the debtor checks off "estimated assets" and "estimated liabilities."  It's just a range.  The debtor's schedules which are to be filed contemporaneously with his petition, but may be filed some time afterward, list the individual assets and libialities with specificity.  I doubt the AP was going to read through all the schedules when the information they wanted was on the first page.  I hope that helps</description>
		<content:encoded><![CDATA[<p>BBrophy1 - When someone files for bankruptcy protection, the bankruptcy petition has a chart on the first where the debtor checks off &#8220;estimated assets&#8221; and &#8220;estimated liabilities.&#8221;  It&#8217;s just a range.  The debtor&#8217;s schedules which are to be filed contemporaneously with his petition, but may be filed some time afterward, list the individual assets and libialities with specificity.  I doubt the AP was going to read through all the schedules when the information they wanted was on the first page.  I hope that helps
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		<title>By: John Cittebart</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52998</link>
		<dc:creator>John Cittebart</dc:creator>
		<pubDate>Wed, 09 Jul 2008 12:22:51 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52998</guid>
		<description>Vick is a smooth operator as evidenced by his illegal operation over several years.  Vick may be filing for bankruptcy but he would not be legally bankrupt if he is hiding millions somewhere--this would be defrauding the U.S. Government.  Is U.S. v. Vick II in the works?</description>
		<content:encoded><![CDATA[<p>Vick is a smooth operator as evidenced by his illegal operation over several years.  Vick may be filing for bankruptcy but he would not be legally bankrupt if he is hiding millions somewhere&#8211;this would be defrauding the U.S. Government.  Is U.S. v. Vick II in the works?
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		<title>By: tv</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52976</link>
		<dc:creator>tv</dc:creator>
		<pubDate>Wed, 09 Jul 2008 11:09:41 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52976</guid>
		<description>The poor guy is now living in the dog house!

I don't feel for this guy at all. He always presented himself as a "hoodie" thug. Well, it led him right down a very predictable path of self destruction. Go figure. You'd think that thugs will eventually start to realize that they can't beat the fabric of society into submission. 

You know what they say, if you can't beat em, join em. Hopefully, this will send a much needed message to many young people that you'd better straighten up or your time will come - and it won't be pretty.</description>
		<content:encoded><![CDATA[<p>The poor guy is now living in the dog house!</p>
<p>I don&#8217;t feel for this guy at all. He always presented himself as a &#8220;hoodie&#8221; thug. Well, it led him right down a very predictable path of self destruction. Go figure. You&#8217;d think that thugs will eventually start to realize that they can&#8217;t beat the fabric of society into submission. </p>
<p>You know what they say, if you can&#8217;t beat em, join em. Hopefully, this will send a much needed message to many young people that you&#8217;d better straighten up or your time will come - and it won&#8217;t be pretty.
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		<title>By: vincelombardi</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52946</link>
		<dc:creator>vincelombardi</dc:creator>
		<pubDate>Wed, 09 Jul 2008 05:33:24 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52946</guid>
		<description>hey big mike, take a couple of scooby snacks and relax. you telling me you would give, i don't know say, charles manson or ted bundy more respect than say old yeller or lassie???</description>
		<content:encoded><![CDATA[<p>hey big mike, take a couple of scooby snacks and relax. you telling me you would give, i don&#8217;t know say, charles manson or ted bundy more respect than say old yeller or lassie???
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		<title>By: bigmike79</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52868</link>
		<dc:creator>bigmike79</dc:creator>
		<pubDate>Wed, 09 Jul 2008 01:29:42 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52868</guid>
		<description>policemen kill an innocent man about to get married the next day nothing happens to them and there is hardly any outrage out of the media or american public but when everyone found out mike vick fought dogs you would have thought he killed the president, Thats how much value is placed on a black mans life in america a dog gets more respect.

Well there are several different mitigating factors, including that the guy was trying to run the cops over with his car. The fact that he had violent criminal past. These animals are innocent and don’t know the difference.

Judging by your comments, I’m guessing your an African-American? If so, instead of playing the “race card” and blaming everyone else, why don’t you admit that in both of these cases, these convicted felons were wrong.

And for the record, the dog should get more respect in this case, they are innocent animals who don’t know any better and only fight because they were taught to do so. Stop making excuses and for once, accept responsibility.

Sean Bell wasn't a convicted felon and he didn't even crank his car up before the police started shooting, and bottom line whether you like it or  not a dog is not more important than a human life, you are totally correct dogs do fight because humans make them horses run because humans make them also, but because one is considered a sport and the other not does not justify the public lynching mike vick went through, and last A DOG WILL NEVER GET MORE RESPECT FROM ME THAN I WOULD GIVE A HUMAN BEING. Like you said those dogs were bred for fighting just as chickens are bred for eating and horses are bred for running dont make him a low life because you dont understand where he is from or his culture. AND NO I AM NOT BLACK
I AM WHITE AS TYPING PAPER IM JUST MORE CONCERNED WITH HUMAN RIGHTS THAN DOG FIGHTING. P.S. FREE MIKE VICK!!!!!!!!!!</description>
		<content:encoded><![CDATA[<p>policemen kill an innocent man about to get married the next day nothing happens to them and there is hardly any outrage out of the media or american public but when everyone found out mike vick fought dogs you would have thought he killed the president, Thats how much value is placed on a black mans life in america a dog gets more respect.</p>
<p>Well there are several different mitigating factors, including that the guy was trying to run the cops over with his car. The fact that he had violent criminal past. These animals are innocent and don’t know the difference.</p>
<p>Judging by your comments, I’m guessing your an African-American? If so, instead of playing the “race card” and blaming everyone else, why don’t you admit that in both of these cases, these convicted felons were wrong.</p>
<p>And for the record, the dog should get more respect in this case, they are innocent animals who don’t know any better and only fight because they were taught to do so. Stop making excuses and for once, accept responsibility.</p>
<p>Sean Bell wasn&#8217;t a convicted felon and he didn&#8217;t even crank his car up before the police started shooting, and bottom line whether you like it or  not a dog is not more important than a human life, you are totally correct dogs do fight because humans make them horses run because humans make them also, but because one is considered a sport and the other not does not justify the public lynching mike vick went through, and last A DOG WILL NEVER GET MORE RESPECT FROM ME THAN I WOULD GIVE A HUMAN BEING. Like you said those dogs were bred for fighting just as chickens are bred for eating and horses are bred for running dont make him a low life because you dont understand where he is from or his culture. AND NO I AM NOT BLACK<br />
I AM WHITE AS TYPING PAPER IM JUST MORE CONCERNED WITH HUMAN RIGHTS THAN DOG FIGHTING. P.S. FREE MIKE VICK!!!!!!!!!!
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		<title>By: joetoronto</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52827</link>
		<dc:creator>joetoronto</dc:creator>
		<pubDate>Tue, 08 Jul 2008 23:59:01 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52827</guid>
		<description>Mike Vick has to be the dumbest professional athlete the world has ever seen. Even dumber than Cryin Ryan Leaf, and that's pretty dumb.

As for him playing in Canada, he'll never make it across the border, legally. 

With the way Michael and Marcus turned out, does anybody else here think Momma Vick should be charged with unlawful creation?</description>
		<content:encoded><![CDATA[<p>Mike Vick has to be the dumbest professional athlete the world has ever seen. Even dumber than Cryin Ryan Leaf, and that&#8217;s pretty dumb.</p>
<p>As for him playing in Canada, he&#8217;ll never make it across the border, legally. </p>
<p>With the way Michael and Marcus turned out, does anybody else here think Momma Vick should be charged with unlawful creation?
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		<title>By: vincelombardi</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52751</link>
		<dc:creator>vincelombardi</dc:creator>
		<pubDate>Tue, 08 Jul 2008 21:54:38 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52751</guid>
		<description>that's a shame.</description>
		<content:encoded><![CDATA[<p>that&#8217;s a shame.
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		<title>By: DbleD23</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52719</link>
		<dc:creator>DbleD23</dc:creator>
		<pubDate>Tue, 08 Jul 2008 21:02:57 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52719</guid>
		<description>As usual, you people are showing your stupidity. Bankruptcy doesn't always mean BROKE dummies, it sometimes means you don't intend to pay anyone and will kee (most of) your money, thus BANKRUPTCY PROTECTION. Vick wins here, the Falcons defenitely lose cause they can't get sh*t now, and to the dog lovers, we still fight dogs, so nothing really changed. And to the two commenters who referred to prison rapes, gay jokes are like, so gay and white guys get raped in prison, not black guys. Y'all so used to it coming out of the backwoods that you think its a joke, get help faggots, you need it.... Oh yeah, one more time, Vick won, the people he owes lose here.</description>
		<content:encoded><![CDATA[<p>As usual, you people are showing your stupidity. Bankruptcy doesn&#8217;t always mean BROKE dummies, it sometimes means you don&#8217;t intend to pay anyone and will kee (most of) your money, thus BANKRUPTCY PROTECTION. Vick wins here, the Falcons defenitely lose cause they can&#8217;t get sh*t now, and to the dog lovers, we still fight dogs, so nothing really changed. And to the two commenters who referred to prison rapes, gay jokes are like, so gay and white guys get raped in prison, not black guys. Y&#8217;all so used to it coming out of the backwoods that you think its a joke, get help faggots, you need it&#8230;. Oh yeah, one more time, Vick won, the people he owes lose here.
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		<title>By: Fade 2 Black</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52679</link>
		<dc:creator>Fade 2 Black</dc:creator>
		<pubDate>Tue, 08 Jul 2008 20:19:09 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52679</guid>
		<description>Vick would be a better fit with the Argonauts than the Allouettes...</description>
		<content:encoded><![CDATA[<p>Vick would be a better fit with the Argonauts than the Allouettes&#8230;
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		<title>By: daphins72</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52652</link>
		<dc:creator>daphins72</dc:creator>
		<pubDate>Tue, 08 Jul 2008 19:40:34 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52652</guid>
		<description>Dog collar = 10 dollars
Mike Vick jersey = 15 dollars
Mike Vick getting ass raped in prison = PRICELESS</description>
		<content:encoded><![CDATA[<p>Dog collar = 10 dollars<br />
Mike Vick jersey = 15 dollars<br />
Mike Vick getting ass raped in prison = PRICELESS
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		<title>By: delgriffith</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52640</link>
		<dc:creator>delgriffith</dc:creator>
		<pubDate>Tue, 08 Jul 2008 19:26:14 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52640</guid>
		<description>bigmike79 says:
July 8th, 2008 at 2:10 pm

policemen kill an innocent man about to get married the next day nothing happens to them and there is hardly any outrage out of the media or american public but when everyone found out mike vick fought dogs you would have thought he killed the president, Thats how much value is placed on a black mans life in america a dog gets more respect.

Well there are several different mitigating factors, including that the guy was trying to run the cops over with his car. The fact that he had violent criminal past. These animals are innocent and don't know the difference. 

Judging by your comments, I'm guessing your an African-American? If so, instead of playing the "race card" and blaming everyone else, why don't you admit that in both of these cases, these convicted felons were wrong.

And for the record, the dog should get more respect in this case, they are innocent animals who don't know any better and only fight because they were taught to do so. Stop making excuses and for once, accept responsibility.</description>
		<content:encoded><![CDATA[<p>bigmike79 says:<br />
July 8th, 2008 at 2:10 pm</p>
<p>policemen kill an innocent man about to get married the next day nothing happens to them and there is hardly any outrage out of the media or american public but when everyone found out mike vick fought dogs you would have thought he killed the president, Thats how much value is placed on a black mans life in america a dog gets more respect.</p>
<p>Well there are several different mitigating factors, including that the guy was trying to run the cops over with his car. The fact that he had violent criminal past. These animals are innocent and don&#8217;t know the difference. </p>
<p>Judging by your comments, I&#8217;m guessing your an African-American? If so, instead of playing the &#8220;race card&#8221; and blaming everyone else, why don&#8217;t you admit that in both of these cases, these convicted felons were wrong.</p>
<p>And for the record, the dog should get more respect in this case, they are innocent animals who don&#8217;t know any better and only fight because they were taught to do so. Stop making excuses and for once, accept responsibility.
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		<title>By: delgriffith</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52634</link>
		<dc:creator>delgriffith</dc:creator>
		<pubDate>Tue, 08 Jul 2008 19:21:35 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52634</guid>
		<description>HA HUH! Good! I love watching his life fall apart. I hope that scumbag loses everything and lives on the streets with his loser brother. There will be no tears shed for him! I just wish they treated him like he treated those dogs.</description>
		<content:encoded><![CDATA[<p>HA HUH! Good! I love watching his life fall apart. I hope that scumbag loses everything and lives on the streets with his loser brother. There will be no tears shed for him! I just wish they treated him like he treated those dogs.
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		<title>By: empty13</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52602</link>
		<dc:creator>empty13</dc:creator>
		<pubDate>Tue, 08 Jul 2008 18:39:59 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52602</guid>
		<description>to get respect, it helps to show respect.

vick hasnt ever respected anyone or anything.</description>
		<content:encoded><![CDATA[<p>to get respect, it helps to show respect.</p>
<p>vick hasnt ever respected anyone or anything.
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		<title>By: bigmike79</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52573</link>
		<dc:creator>bigmike79</dc:creator>
		<pubDate>Tue, 08 Jul 2008 18:10:13 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52573</guid>
		<description>policemen kill an innocent man about to get married the next day nothing happens to them and there is hardly any outrage out of the media or american public but when everyone found out mike vick fought dogs you would have thought he killed the president, Thats how much  value is placed on a black mans life in america a dog gets more respect.</description>
		<content:encoded><![CDATA[<p>policemen kill an innocent man about to get married the next day nothing happens to them and there is hardly any outrage out of the media or american public but when everyone found out mike vick fought dogs you would have thought he killed the president, Thats how much  value is placed on a black mans life in america a dog gets more respect.
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		<title>By: ACDC84</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52531</link>
		<dc:creator>ACDC84</dc:creator>
		<pubDate>Tue, 08 Jul 2008 17:05:58 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52531</guid>
		<description>Bankruptcy? They should make him earn back all that money by selling his body to Bubba, $50/session.</description>
		<content:encoded><![CDATA[<p>Bankruptcy? They should make him earn back all that money by selling his body to Bubba, $50/session.
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		<title>By: batfreight</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52530</link>
		<dc:creator>batfreight</dc:creator>
		<pubDate>Tue, 08 Jul 2008 17:04:25 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52530</guid>
		<description>Vick is a contemptible savage who deserves no sympathy. The dogs that he tortured and murdered were far more valuable members of society than the self absorbed miscreant, Michael Vick. The only people more disgusting than Vick are the mindless imbeciles who continue to make excuses for his sub-human behavior.</description>
		<content:encoded><![CDATA[<p>Vick is a contemptible savage who deserves no sympathy. The dogs that he tortured and murdered were far more valuable members of society than the self absorbed miscreant, Michael Vick. The only people more disgusting than Vick are the mindless imbeciles who continue to make excuses for his sub-human behavior.
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		<title>By: roofles</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52524</link>
		<dc:creator>roofles</dc:creator>
		<pubDate>Tue, 08 Jul 2008 16:57:56 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52524</guid>
		<description>What a moron!  How can you possibly make that much money and blow it?  What the hell was he buying?  Chains?  22s?  What a sucker, I dont feel bad for him at all or any other moron who goes broke buying that crap.</description>
		<content:encoded><![CDATA[<p>What a moron!  How can you possibly make that much money and blow it?  What the hell was he buying?  Chains?  22s?  What a sucker, I dont feel bad for him at all or any other moron who goes broke buying that crap.
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		<title>By: bdubb</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52520</link>
		<dc:creator>bdubb</dc:creator>
		<pubDate>Tue, 08 Jul 2008 16:54:08 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52520</guid>
		<description>Florio - you should open betting on the creditor fight.</description>
		<content:encoded><![CDATA[<p>Florio - you should open betting on the creditor fight.
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		<title>By: empty13</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52515</link>
		<dc:creator>empty13</dc:creator>
		<pubDate>Tue, 08 Jul 2008 16:48:02 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52515</guid>
		<description>since there is $20M of bonus money reportedly in the balance (despite arbitration etc)... that is why it is $30M +or- $20M. Thus the gap between $10M and $50M...</description>
		<content:encoded><![CDATA[<p>since there is $20M of bonus money reportedly in the balance (despite arbitration etc)&#8230; that is why it is $30M +or- $20M. Thus the gap between $10M and $50M&#8230;
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		<title>By: Kevin Mack</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52502</link>
		<dc:creator>Kevin Mack</dc:creator>
		<pubDate>Tue, 08 Jul 2008 16:18:23 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52502</guid>
		<description>No sympathy here for the prick.  The fact that dogfighting is an underground operation carries with it the possibilities of extreme legal ramifications.  I hope he is still learning his lesson.

The dogs he killed (as well as those that he didn't) have suffered far more than his overextended bank account.</description>
		<content:encoded><![CDATA[<p>No sympathy here for the prick.  The fact that dogfighting is an underground operation carries with it the possibilities of extreme legal ramifications.  I hope he is still learning his lesson.</p>
<p>The dogs he killed (as well as those that he didn&#8217;t) have suffered far more than his overextended bank account.
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		<title>By: Robby Redskin</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52492</link>
		<dc:creator>Robby Redskin</dc:creator>
		<pubDate>Tue, 08 Jul 2008 15:59:25 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52492</guid>
		<description>Damn it, does this bankruptcy business count the $1000 he owes me from the dogfight he lost?</description>
		<content:encoded><![CDATA[<p>Damn it, does this bankruptcy business count the $1000 he owes me from the dogfight he lost?
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		<title>By: DarkAge4BearsFans</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52490</link>
		<dc:creator>DarkAge4BearsFans</dc:creator>
		<pubDate>Tue, 08 Jul 2008 15:58:12 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52490</guid>
		<description>Why are we worried?  I'm sure Vick will make a killing on that patent-pending water bottle with the secret compartment...</description>
		<content:encoded><![CDATA[<p>Why are we worried?  I&#8217;m sure Vick will make a killing on that patent-pending water bottle with the secret compartment&#8230;
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		<title>By: pjhurley</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52489</link>
		<dc:creator>pjhurley</dc:creator>
		<pubDate>Tue, 08 Jul 2008 15:54:01 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52489</guid>
		<description>Liquidation (Chapter 7) and Reorganization (Chapter 11) are types of bankruptcy used mostly for companies or, in Vick's case, individuals with a large amount of debt.  If Vick is forced to file Chapter 7, his property will be sold and doled out to the creditors to satisfy debts...he may be discharged of some debt in this case.  If he files Chapter 11, which is mostly applicable to businesses as I understand, he will have to essentially negotiate with creditors as to what he will repay when he resumes work (assuming he does).  Vick can also file for Chapter 13 as an individual, though it might not be granted, because it is rehabilitation with a payment plan for individuals with a steady source of income.  One could argue Vick may have a steady income when he's out of jail and is able to play some type of football again, but he currently does not and thus might not be granted a Chapter 13 filing.  That repayment usually is over 3-5 years and to be granted a Chapter 13 is, if I recall correctly, the most difficult to obtain.  I'm fairly certain that's how it all works, my apologies if I am incorrect, hope it helps.</description>
		<content:encoded><![CDATA[<p>Liquidation (Chapter 7) and Reorganization (Chapter 11) are types of bankruptcy used mostly for companies or, in Vick&#8217;s case, individuals with a large amount of debt.  If Vick is forced to file Chapter 7, his property will be sold and doled out to the creditors to satisfy debts&#8230;he may be discharged of some debt in this case.  If he files Chapter 11, which is mostly applicable to businesses as I understand, he will have to essentially negotiate with creditors as to what he will repay when he resumes work (assuming he does).  Vick can also file for Chapter 13 as an individual, though it might not be granted, because it is rehabilitation with a payment plan for individuals with a steady source of income.  One could argue Vick may have a steady income when he&#8217;s out of jail and is able to play some type of football again, but he currently does not and thus might not be granted a Chapter 13 filing.  That repayment usually is over 3-5 years and to be granted a Chapter 13 is, if I recall correctly, the most difficult to obtain.  I&#8217;m fairly certain that&#8217;s how it all works, my apologies if I am incorrect, hope it helps.
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		<title>By: jimsteele</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52488</link>
		<dc:creator>jimsteele</dc:creator>
		<pubDate>Tue, 08 Jul 2008 15:48:59 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52488</guid>
		<description>Come on Florio! I thought you were an attorney!

Everybody knows there are 2 personal types of bankruptcy. Chapter 7 which wipes out all the debts, and Chapter 13 which is a 5 year repayment plan.

Betting Vick filed a Chapter 7.</description>
		<content:encoded><![CDATA[<p>Come on Florio! I thought you were an attorney!</p>
<p>Everybody knows there are 2 personal types of bankruptcy. Chapter 7 which wipes out all the debts, and Chapter 13 which is a 5 year repayment plan.</p>
<p>Betting Vick filed a Chapter 7.
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		<title>By: mrmagoo</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52485</link>
		<dc:creator>mrmagoo</dc:creator>
		<pubDate>Tue, 08 Jul 2008 15:43:35 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52485</guid>
		<description>It's a dog eat dog world. Glad to see how he wisely invested that signing bonus.</description>
		<content:encoded><![CDATA[<p>It&#8217;s a dog eat dog world. Glad to see how he wisely invested that signing bonus.
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		<title>By: dlmcc0202</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52484</link>
		<dc:creator>dlmcc0202</dc:creator>
		<pubDate>Tue, 08 Jul 2008 15:41:52 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52484</guid>
		<description>He's going to have to flip alot of hamburgers at Mcdonalds to pay back all those millions he owes</description>
		<content:encoded><![CDATA[<p>He&#8217;s going to have to flip alot of hamburgers at Mcdonalds to pay back all those millions he owes
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		<title>By: BBrophy1</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52481</link>
		<dc:creator>BBrophy1</dc:creator>
		<pubDate>Tue, 08 Jul 2008 15:40:12 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52481</guid>
		<description>Is he not aware of what he owes, and that number i sosmewhere between $10 and $50 million?  How did a range so vast become the window of debt?  If I had $20 million in bonus money (guaranteed) I would certainly at a minimum know if my debt was above or below that number.</description>
		<content:encoded><![CDATA[<p>Is he not aware of what he owes, and that number i sosmewhere between $10 and $50 million?  How did a range so vast become the window of debt?  If I had $20 million in bonus money (guaranteed) I would certainly at a minimum know if my debt was above or below that number.
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		<title>By: empty13</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52479</link>
		<dc:creator>empty13</dc:creator>
		<pubDate>Tue, 08 Jul 2008 15:38:41 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52479</guid>
		<description>The saga of 'The Last Dogfighter' continues...</description>
		<content:encoded><![CDATA[<p>The saga of &#8216;The Last Dogfighter&#8217; continues&#8230;
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		<title>By: Chris from MD</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52478</link>
		<dc:creator>Chris from MD</dc:creator>
		<pubDate>Tue, 08 Jul 2008 15:37:54 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52478</guid>
		<description>Does he really think he's ever going to play in the NFL again? Seriously?</description>
		<content:encoded><![CDATA[<p>Does he really think he&#8217;s ever going to play in the NFL again? Seriously?
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		<title>By: JohnnyH</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52476</link>
		<dc:creator>JohnnyH</dc:creator>
		<pubDate>Tue, 08 Jul 2008 15:37:10 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52476</guid>
		<description>CoryDangerous says: 
He should get a job stamping license plates. 
- Hey it worked for Patti Hurst!

I'm betting the Montreal Alouettes will sign him when he gets out.</description>
		<content:encoded><![CDATA[<p>CoryDangerous says:<br />
He should get a job stamping license plates.<br />
- Hey it worked for Patti Hurst!</p>
<p>I&#8217;m betting the Montreal Alouettes will sign him when he gets out.
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		<title>By: DanSnyder</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52474</link>
		<dc:creator>DanSnyder</dc:creator>
		<pubDate>Tue, 08 Jul 2008 15:35:40 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52474</guid>
		<description>Kind of feel bad, He never showed violent tendencies anywhere beyond the ring, I think the time in jail is suitable but I really feel he was raised around what was happening so it wasnt a big deal in his head. You'd be suprised how many people actually think of pets as property and not companions. That said he still has what a couple years? and hes already broke. Its hard for someone to try to change their life when everyone is breaking you down. I know he deserved what hes getting but I hope people are interested in him changing his ways and becoming a better person then rotting away for the rest of his life. I have a feeling alot of good can come from this horrible situation if given a chance.</description>
		<content:encoded><![CDATA[<p>Kind of feel bad, He never showed violent tendencies anywhere beyond the ring, I think the time in jail is suitable but I really feel he was raised around what was happening so it wasnt a big deal in his head. You&#8217;d be suprised how many people actually think of pets as property and not companions. That said he still has what a couple years? and hes already broke. Its hard for someone to try to change their life when everyone is breaking you down. I know he deserved what hes getting but I hope people are interested in him changing his ways and becoming a better person then rotting away for the rest of his life. I have a feeling alot of good can come from this horrible situation if given a chance.
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		<title>By: Jaothcg</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52470</link>
		<dc:creator>Jaothcg</dc:creator>
		<pubDate>Tue, 08 Jul 2008 15:29:08 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52470</guid>
		<description>I wonder if this will affect his ability to finance a pit bull breeding enterprise that he has been planning as a post-NFL business...

(removing tongue from cheek)</description>
		<content:encoded><![CDATA[<p>I wonder if this will affect his ability to finance a pit bull breeding enterprise that he has been planning as a post-NFL business&#8230;</p>
<p>(removing tongue from cheek)
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		<title>By: JtotheCent</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52461</link>
		<dc:creator>JtotheCent</dc:creator>
		<pubDate>Tue, 08 Jul 2008 15:14:47 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52461</guid>
		<description>he would probably just make the license plates fight.</description>
		<content:encoded><![CDATA[<p>he would probably just make the license plates fight.
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		<title>By: JtotheCent</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52457</link>
		<dc:creator>JtotheCent</dc:creator>
		<pubDate>Tue, 08 Jul 2008 15:12:50 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52457</guid>
		<description>He'd probably just make the license plates fight.</description>
		<content:encoded><![CDATA[<p>He&#8217;d probably just make the license plates fight.
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		<title>By: yankeemofo</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52453</link>
		<dc:creator>yankeemofo</dc:creator>
		<pubDate>Tue, 08 Jul 2008 15:08:57 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52453</guid>
		<description>Damn. His finances really went to the dogs...</description>
		<content:encoded><![CDATA[<p>Damn. His finances really went to the dogs&#8230;
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		<title>By: coco</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52450</link>
		<dc:creator>coco</dc:creator>
		<pubDate>Tue, 08 Jul 2008 15:06:43 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52450</guid>
		<description>Good for him, you go Vick.</description>
		<content:encoded><![CDATA[<p>Good for him, you go Vick.
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		<title>By: dunkingonuts</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52448</link>
		<dc:creator>dunkingonuts</dc:creator>
		<pubDate>Tue, 08 Jul 2008 15:00:09 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52448</guid>
		<description>Cowboyz4ever says: 

July 8th, 2008 at 10:48 am 
I hope they gut the pig 


I hear Jerry Jones is in contract negotiations with him for when he gets out of prison(and reinstated of course)</description>
		<content:encoded><![CDATA[<p>Cowboyz4ever says: </p>
<p>July 8th, 2008 at 10:48 am<br />
I hope they gut the pig </p>
<p>I hear Jerry Jones is in contract negotiations with him for when he gets out of prison(and reinstated of course)
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		<title>By: CoryDangerous</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52445</link>
		<dc:creator>CoryDangerous</dc:creator>
		<pubDate>Tue, 08 Jul 2008 14:54:07 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52445</guid>
		<description>He should get a job stamping license plates.</description>
		<content:encoded><![CDATA[<p>He should get a job stamping license plates.
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		<title>By: Cowboyz4ever</title>
		<link>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52442</link>
		<dc:creator>Cowboyz4ever</dc:creator>
		<pubDate>Tue, 08 Jul 2008 14:48:04 +0000</pubDate>
		<guid>http://www.profootballtalk.com/2008/07/08/vick-goes-bankrupt/#comment-52442</guid>
		<description>I hope they gut the pig</description>
		<content:encoded><![CDATA[<p>I hope they gut the pig
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