Tuesday, 29 May 2012

Ex-NFL Star Jamal Lewis Files for Bankruptcy

Ex-NFL Star Jamal Lewis
Files for Bankruptcy
Makes a Lot, Spends a TON

Exclusive

0525_jamal_lewis_article
Retired NFL star Jamal Lewis -- who helped the Baltimore Ravens win the Super Bowl in 2001 -- has filed for bankruptcy, claiming he's a financial train wreck ... and can't pay his eight-figure debt.

Jamal filed the Chapter 11 papers in Atlanta -- according to the docs, he's got $14,455,854 in assets but he's racked up a whopping $10,566,764.18 in debts.

Among his creditors -- Bank Of America has a lien for $947,876, Benz has one for 113k, Chrysler for 15k ... and the list goes on.

As for his assets -- Jamal's got five homes, a bunch of expensive cars, a $500,000 401(k), and 50% ownership in Fort Rapids Indoor Waterpark in Columbus, OH (worth about $6 mil).

According to the docs, Jamal is self-employed and earns approximately $35,000 a month.

By filing Chapter 11 Jamal ... can keep most of what he's got, while negotiating reduced and extended payments to creditors.

spear of destiny rock hill sc kate middleton pregnant national book awards jessica sutta sexiest man alive 2011 ruben studdard

No comments:

Post a Comment