Michael Vick has almost paid off all 18 million of his restitution
Michael Vick spent time in Prison for fighting dogs and killing them several years ago. Many beleived that Vick would never be forgiven for his mistakes, but boy his road to redemption has been amazing.
http://youtu.be/1he5xWOf9rM
Vick was given an option to file for Chapter 7 bankruptcy to wipe away a huge portion of the 18 million dollar restitution but Vick decided to pay it in full.
Since returning to the NFL in 2010, Vick has earned $49 million over five years. But before he signed that first comeback contract, Michael had a very distinct choice to make. He could file for Chapter 7 bankruptcy protection and walk away from all his debts, or file for Chapter 11 and honor every penny. Michael chose Chapter 11.
Well Vick has proved his doubter wrong once again. How did that risky decision turn out? To date, Michael has paid off more than $15 million, roughly 85%, of the $17.8 million he owes! And there is still a real estate asset that will be sold in the coming months which is expected to bring down the debt down even further. The sale of that asset might even be enough money to pay off his entire remaining balance.
That is pretty amazing, it sounds like Michael Vick has changed.
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