Vince Young Filed for Bankruptcy

Posted by:

Vince Young has filed for bankruptcy.

Young, who is eight years removed from starring in one of the best games in Rose Bowl history, filed for Chapter 11 bankruptcy protection last week according to the Houston Chronicle. Young, who is 30, has been embroiled in two ugly lawsuits dating back to the 2011 NFL lockout. From the Chronicle:

listing Young with estimated assets between $500,001 and $1 million and liabilities between $1,001,000 and $10 million.

When the 2011 lockout hit, Young – whose rookie contract guaranteed him $25 ...

Continue Reading →
0

Bankruptcy: Can I repair my credit?

Posted by:

If you’ve been reading about bankruptcy, you probably know that a Chapter 7 bankruptcy will be on your credit report for 10 years from the date you file. A Chapter 13 bankruptcy will stay on your credit report for seven years. Potential clients are anxious about how long the bankruptcy will stay on their credit report, and I sometimes get asked what I think of credit repair companies.

To be blunt, I think it’s a scam.

Credit repair companies claim to be ...

Continue Reading →
1