June 9, 2009
NORFOLK, Va. -- Suspended NFL star Michael Vick has a deadline of July 2 to tell a bankruptcy judge how he plans to pay back his creditors.
A federal bankruptcy judge in Virginia set the date for a new plan at a hearing Tuesday.
Judge Frank Santoro rejected Vick's initial bankruptcy plan in April. At the time, Santoro said Vick should sell some of his vehicles and one or both of the expensive homes he wanted to keep. The judge also was concerned that the plan depended on Vick's return to the NFL.
League Commissioner Roger Goodell has not said whether he will lift Vick's suspension.
The judge scheduled an Aug. 27 hearing to confirm or reject the new plan.
Vick is under home confinement for the last two months of his sentence for bankrolling a dogfighting ring.
(Copyright 2009 by The Associated Press. All Rights Reserved.)