Reports Times Dispatch:
It is an unusual accomplishment in bankruptcy circles to fully repay debts in a Chapter 11 case, according to legal experts, and Vick’s case was anything but usual.The Newport News native and starting Philadelphia Eagles quarterback spoke to The Virginian-Pilot of Norfolk this week from training camp. He said he was looking forward to finally putting an end to the last chapter of a period of his life that he remains contrite about.
“It was a problem life dealt me,” he said of having to file for bankruptcy before heading off to prison for his federal dog-fighting conviction. His case is pending in the U.S. Bankruptcy Court in Norfolk.
“The most important thing to me was just to get myself back to doing what I love to do: play football,” he said. “I was blessed to be able to come out of prison and get my body in shape to play.”
Vick’s bankruptcy case will end in the coming months despite his having to restructure his contract with the Eagles, a deal that shaved millions from his income.
He’s due to make a minimum of $7 million as starting quarterback. He also renewed an endorsement deal with Nike for an undisclosed sum and has other endorsement income as well.
“You can’t take something from somebody and not replace it,” Vick said.
“I had obligations and responsibilities that I had to take care of. Through the success I’ve had over the last four years, I could take care of those issues.
“It was one of my goals,” he added.
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