Recent Baller to Broke Victim: MICHAEL VICK

People can't seem to catch a break these days. For some reason, I can't find it in my heart to even feel sorry for Vick. We all know that once you make superstar status you can't bring some of your hood comrades along with you. Thats almost always will be your downfall.

As if the fines from dog fighting weren't enough, Vick has lost plenty of money. Endorsement deals SNATCHED, football contract SNATCHED. It would come as no surprise that he has recently filed for Chapter 11.

Imprisoned quarterback Michael Vick is seeking bankruptcy protection, saying he owes between $10 million and $50 million to creditors.

Vick filed Chapter 11 papers in U.S. Bankruptcy Court in Newport News on Monday. The seven largest creditors listed in the court papers are owed a total of about $12.8 million. Vick is serving a 23-month prison sentence at the U.S. Penitentiary in Leavenworth, Kansas, after pleading guilty last year to bankrolling a dogfighting ring. He was subsequently suspended indefinitely without pay and lost all his major sponsors, including Nike. He also faces state charges related to dogfighting. According to the filing, the debt includes a $3.75 million prorated signing bonus the Atlanta Falcons are seeking to recover.