Michael Vick

Just before going to jail, he set up an account with the Royal Bank of Canada for $2.5M line of credit and borrowed $2.3M. "Yesterday, Mr. Vick, who is in prison in Kansas, filed for bankruptcy protection, effectively blocking the bank and other creditors from collecting. In court filings, RBC was listed among Mr. Vick's largest unsecured creditors, just behind the Falcons, owed $3.7-million, and Mr. Vick's agent, owed $4.5-million." Full Reportonbusiness.com article can be read here.