Saturday, September 29, 2007

Mike Vick Get a Visit from the Repo Man

An Indiana bank recently sued Mike Vick for not repaying his loans that involved a car rental business. Vick is the chief financial officer of Divine Seven, a car rental company, and bought more than 130 cars through the loans. The bank says it suffered damages of about $2 million dollars because Vick and Divine Seven LLC wouldn’t pay for the vehicles. The bank has repossessed most of the cars.

Last week, Royal Bank of Canada sued Vick for $2.3 million dollars that he claimed he was going to use for real estate investments.

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