HOUSTON (AP) – Former NFL and University of Texas quarterback Vince Young has filed for Chapter 11 bankruptcy protection.
The petition was filed last week in a Houston federal bankruptcy court, listing Young with estimated assets between $500,001 and $1 million and liabilities between $1,001,000 and $10 million. The Houston Chronicle reports no specific details on Young’s assets and liabilities were immediately available.
The 30-year-old Young is fighting a pair of lawsuits stemming from a $1.8 million loan obtained in his name during the 2011 NFL lockout.
A court has granted a judgment against Young to Pro Player Funding, a New York company that made the loan.
Pro Player Funding has made several efforts in a Harris County state district court to enforce collection of the judgment, but those efforts remain pending.
(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)
- Armed Robber Steals $100K From Bank In Fort Worth
- Welcome To Texas: Texas Country Reporter
- Officer’s Rape Conviction Set Aside After Accuser Admits Lie
- Shippy & Luds – In The 5 Hole: How Can The Stars Recover Against The Blues
- BREAKING: Worker Rescued From Trench In Irving
- Man Fights To Take Pregnant Wife Off Life Support
- Cowboys’ Romo Update: Complication In Back Surgery
- Flu Cases Spike In Texas, 13 Dead In Houston Area
- 70-Year-Old Brutally Attacked Outside Restaurant
- Owner Reunites With Dog 4 Months After ‘Dognapping’
- PHOTOS: Your Pet Pictures