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Financial planner part of Vick bankruptcy plan

August 27th, 2009 · No Comments · Virginia Legal News Stories

Saying quarterback Michael Vick has proven incapable of properly managing his money, U.S. Bankruptcy Judge Frank Santoro has ordered Vick to hire a personal financial planner to manage his football earnings.

The condition is part of a plan approved today by Santoro for Vick to repay $20 million to his creditors , as reported by the Daily Press .

The appearance in bankruptcy court in Newport News is part of a busy day for Vick, who takes the field tonight in a preseason game for the Philadelphia Eagles.

Vick was released from federal custody July 20 after serving 18 months of a 23-month sentence for his role in running a dog-fighting ring.

By Peter Vieth

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