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Michael Vick is a nationally known name, a former (and some say still) football hero. As a longtime Indianapolis bankruptcy attorney, I’ve helped more than 30,000 debtors file personal bankruptcy in Indiana, in some cases coupled with small business bankruptcy in Indiana.  But all the cases handled through the four Zuckerberg bankruptcy law offices involve the debts of ordinary working people, not celebrities.

My reason for featuring, just two years ago, the story of Michael Vick filing Chapter 11 bankruptcy was to illustrate the principles underlying the bankruptcy process. As a debt consolidation lawyer offering bankruptcy services in Indiana, I found it interesting that Vick’s bankruptcy was filed by his attorney while Vick himself was serving time in a Kansas penitentiary, after being convicted of bankrolling illegal dogfights.

All the good bankruptcy attorneys in Indiana who work in the Zuckerberg bankruptcy law offices would agree with the statement made by Vick’s attorney: “This bankruptcy will give Michael Vick the opportunity, when he gets out, to start his life fresh.”  In fact, that is the whole purpose underlying the bankruptcy laws of Indiana – to offer the chance for a fresh financial start in life!

Now, a year and a half later, I’m beginning to hear about Michael Vick again.  One of the Columbus bankruptcy lawyers in my offices there is a big golf fan, and called my attention to the fact that Vick failed to attend the Michael Vick Celebrity Golf Tournament in Georgia.  He also missed appearing at a youth football camp in South Carolina. Why? Vick’s probation officer wouldn’t give the approval for him to travel.  At Vick’s 30th birthday party, one of his co-defendants in the dog fighting case had been there.  Vick is not allowed to associate with anyone who’s been convicted of a felony. (There was a shooting at the party and that’s how the police became involved.)

Vick, originally with the Falcons, is now part of the Eagles team.  As a bankruptcy lawyer in Indiana, I’m interested in a new development in the bankruptcy that relates to the team.  A complaint has been filed by the bankruptcy trustee, saying that, because Vick was careless about his behavior, knowing he was jeopardizing his lucrative job with the team, he does not deserve special consideration.  Therefore, the court wants relatives and friends to whom he gave money in the months before the bankruptcy to give that money back.  Why is this important for me to share with you, especially in light of the fact that bankruptcy law in Indiana is different from bankruptcy law in other states?

I need to make clear that, no matter in which state court the bankruptcy is filed, debtors need to behave responsibly in order to deserve the fresh start they’re being given through the bankruptcy process..

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