Tuesday, June 30, 2009
7 Changing Job And Bankruptcy Plan
((HT: WAVY-TV))
Suspended NFL quarterback Michael Vick ((pictured, thanks WAVY-TV)) is leaving his construction job and will begin working for the Boys & Girls Clubs.
Steve Kast, Boys and Girls Club CEO, told WAVY.com Vick will work 40 hours a week at $9 an hour through July 20. That is the date the suspended NFL quarterback's federal sentence for his involvement in dogfighting is set to be completed.
Vick is working at the same club in Newport News where he was a member for 12 years as a young person.
Kast said Vick and his family contacted the organization. He said the Boys and Girls Club has been working with Vick and the U.S. Federal Probation Office for weeks on this employment situation for Michael Vick.
WVEC-TV reveals the changes in the bankruptcy plan:
Vick's lawyer, Paul Campsen, disclosed the basic outline of the new plan Tuesday in U.S. Bankruptcy Court.
The full plan is still being finished. It's due to be filed by Thursday.
A judge in April rejected the first plan, saying it was not feasible.
Under the new plan, Campsen said 10 percent of the first $750,000 Vick earns would go to creditors. Under the old plan, Vick would have kept the entire amount up to $750,000.
The new plan also increases the amount it would pay creditors on income over $750,000.
Vick is currently in home confinement in Virginia for last two months of a nearly two-year sentence for operating a dogfighting ring.
Here's the statement from the Boys and Girls Club...
Here's coverage from our friends at WTKR-TV...
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Labels:
Paul Campsen,
Steve Kast
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