Vince Young files for bankruptcy

Texas alum and former NFL quarterback Vince Young throws for scouts at Texas' NFL football pro day, March 26, 2013, in Austin. Young, who was cut by the Buffalo Bills in the 2012 preseason, is attempting a comeback. (AP Photo/Eric Gay)
Texas alum and former NFL quarterback Vince Young throws for scouts at Texas' NFL football pro day, March 26, 2013, in Austin. Young, who was cut by the Buffalo Bills in the 2012 preseason, is attempting a comeback. (AP Photo/Eric Gay)

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.

blog comments powered by Disqus