RICHMOND, Va. (AP) -A court filing shows creditors representing more than $20 million have endorsed Michael Vick’s plan to pay them back and emerge from bankruptcy.
In balloting, secured and unsecured creditors overwhelmingly approved a reorganization plan by Vick, who is due in Newport News on Thursday to seek a judge’s approval of the plan. Then he returns to Philadelphia to make his debut with the Eagles in an NFL preseason home game.
The U.S. Bankruptcy Court appearance before Judge Frank Santoro will be the first since Vick was picked up by Philadelphia.
A lawyer representing one group of creditors calls Vick’s signing “a huge development in the case.”
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