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Thursday, Jul. 02, 2009

Vick files revised bankruptcy plan

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Suspended NFL star Michael Vick (pictured) would keep one vehicle, one home and a large assortment of furniture and personal items if his creditors and the judge who rejected his previous bankruptcy plan approve a revised one filed Thursday.

The new plan also gives creditors a bigger cut of his future earnings but would still leave enough for Vick to live comfortably if he is able to resume his once-lucrative NFL career. The quarterback pleaded guilty to operating a dogfighting ring in August 2007 and was suspended indefinitely by NFL commissioner Roger Goodell.

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