“We think it’s a good plan... It comes down to this: Your options really are: keeping the debtor in Chapter 11, which will require him to contribute future income, or a liquidation, which is taking his stuff and selling it. Obviously, if he goes out and becomes a construction worker, we’re not going to get anything out of it."
Thursday, April 2, 2009
Michael Vick's Lawyer Tells Bankruptcy Court His Client Will Become a Construction Worker
News broke this afternoon that Michael Vick's attorney in bankruptcy proceedings explained to the court his client's plan to work as a $10/hour construction worker after his release from prison. Interestingly, just a few days ago, an attorney for a group of Vick's creditors, praising the jailed athlete's bankruptcy plan, stated:
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