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Sports BankruptcyJohnny Unitas Files BankruptcyUnitas, who played for the Baltimore Colts was a legendary NFL quarterback who was a shoe in for the Hall of Fame. Unfortunately, as good an athelete that he was, he was an equally terrible businessman. His business ventures included land deals, bowling alleys, and even restaurants. All were unsuccessful. In 1991, he filed for Chapter 11 bankruptcy. Lawrence Taylor Files BankruptcyTaylor is another famous NFL player who played linebacker for the New York Giants. He is often noted as one of the greatest defensive players to ever play the game, and easily made it into the Hall of Fame. However, when his playing days were over, he turned to drugs, and then filed a false tax return, and failed to pay child support. He ended up filing for bankruptcy in 1998. Dorothy Hamill Files BankruptcyHamill was a world class figure skater and the American ideal of a 1970s icon. As a child, her dream was to be a famous ice skater. She realized this dream early in life, when she won a gold medal at the 1976 Olympics as a teenager. However, Hamill was taught the harsh lessons that frequently come along with fame and life. Hamill noted, "Money is evil," after filing for bankruptcy in 1996. Steve Howe Files BankruptcyHowe was a left-handed pitcher in Major League Baseball who played most of his career with the Los Angeles Dodgers and New York Yankees. Like may famous athletes though, he fell to drugs and addition. He, along with his wife, filed for bankruptcy in 1984. Contact Us About Sports BankruptcyAs you can see, bankruptcy can happen to everyone, even world class athletes and hall of famers. Contact us by filling out the free bankruptcy evaluation and an experienced lawyer will be happy to review the details of your cases. |
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