Michael Vick Almost Free of $20 Million Bankruptcy

Michael Vick is reportedly almost out of his $20 million bankruptcy matter. According to reports, Vick’s football deal with Philadelphia is helping out with his Chapter 11 bankruptcy matter. He originally filed for bankruptcy in July 2008 but is allegedly less than $400,000 away from being out of debt. He was formerly facing about 45 claims against him that were worth more than $18 million.

Anyone at any time can find themselves needing to file for bankruptcy, whether personal bankruptcy or as a company. You need to know that these matters can be resolved in a beneficial way if handled properly so that you are able to move forward with your life. You do have rights to protect during this difficult time, but it’s important that you take the correct steps to do so. Filing for bankruptcy does not have to be the end, but can be the chance at a new beginning when you make the right choices. With the help of a bankruptcy attorney, you can begin to resolve this matter and get your life back together. A lawyer will know how to best approach your situation and all aspects including any court proceedings. You can count on an attorney to always have your best interest in mind while settling your bankruptcy situation. Please take some time today to contact a bankruptcy lawyer and begin discussing the details of your case now.