A judge on Thursday approved Michael Vicks plan to repay creditors who are owed $20 million and emerge from bankruptcy on the same day he was scheduled to return to the playing field with the Philadelphia Eagles. U.S. Bankruptcy Judge Frank Santoro said while Vick is at the pinnacle of his profession, he has proven unable to manage his finances in the past and ordered him to retain a financial planner as a condition of the plan. The plan was overwhelmingly approved in a ballot of creditors. Im happy its over. I can move on with my life, Vick said.
300k is not alot of money when your supporting a wife and 2 kids (plus probably some more we don't know about) and your accustomed to and surrounded by people living like millionaires.