Ex-NFL player owes big money in bankruptcy case

By: Ashley Jeffery Email
By: Ashley Jeffery Email

News 12 @ 11 o'clock -- April 5, 2009

MARTINEZ, GA --- The for sale sign is up and the doors are closed at Marshall Realty just days after a judge approved former Hephzibah high standout and former NFL player Arthur Marshall's bankruptcy filing be converted from a Chapter 11 to a Chapter 7.

The court is liquidating all of his assets to pay at least 48 creditors. Arthur Marshall's assets stand at 13 million dollars, but he owes more than 10 million to at least 7 different banks alone.

According to the documents filed, Marshall owes Wachovia 2.8 million dollars and Augusta First Bank and Trust another 2.3 million dollars. The filing also shows he owes more than $36,000 in taxes in five counties. In Columbia County, his debts total almost $25,000 and in Richmond County it's more than $10,000.

And there is hundreds of thousands owed to other local business from plumbing, to paint, to concrete.

Marshall was a football star at Hephzibah High School. He went to the University of Georgia and played with the Denver Broncos and New York Giants in the NFL in the 1990's. He also coached Augusta's indoor football team Augusta Heat back in 1999.

Marshall is not facing any charges at this time.

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  • by milli Location: augusta on Apr 12, 2009 at 04:33 PM
    don,t assume that because someone have a lot of money that they know how to manage it after all he was a ballplayer not an accountant. every one have financial problems sometime. don,t be so quick to put someone down. those who live in glass houses should not throw stones.
  • by REALITY Location: AUGUSTA on Apr 8, 2009 at 08:11 AM
  • by JIM Location: EVANS on Apr 6, 2009 at 08:00 AM
  • by Anonymous on Apr 6, 2009 at 06:42 AM
    His first name is "Arthur Marshall"--he had a brief stay in the NFL in the 90's for the Broncos and the Giants. My question is: Just how in the heck can someone acquire such huge loans and go for years without paying anyone when the "common folks" get a phone call if their payment is one week late ? I hope they take everything he has and sell it to pay his loans off and he ends up having to actually get a REAL job. Yes, I said REAL ! Athletes who get by on "playing skills" only do NOT deserve the huge salaries they get. IT IS OUTRAGIOUS AND STUPID and he should have used his brains a little more and paid his bills--it does not take a rocket scientist to figure that out.
  • by Anonymous on Apr 6, 2009 at 06:41 AM
    It says "Arthur Marshall" on the 5th line... Learn to read.
  • by Gary Location: Grovetown on Apr 6, 2009 at 04:26 AM
    Which NFL star? Marshall who? The article doesn't give a first name.
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