Former Longhorn Vince Young files for bankruptcy

Former Longhorn Vince Young files for bankruptcy

Credit: Getty Images

(Photo by Patrick McDermott/Getty Images)

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by KVUE.com and the Associated Press

kvue.com

Posted on January 22, 2014 at 2:01 PM

Updated Wednesday, Jan 22 at 2:11 PM

AUSTIN -- According to an email received from the U.S. Bankruptcy Court, former Longhorn Vince Young has filed for Chapter 11 bankruptcy protection.

A petition was filed last week in a Houston federal bankruptcy court, listing Young with estimated assets between $500,001 and $1 million and liabilities between $1,001,000 and $10 million. The Houston Chronicle reports no specific details on Young's assets and liabilities were immediately available.

KVUE News' partner the Austin American-Statesman reports the Austin attorney for the former University of Texas quarterback continues to pursue his NFL career and said he has been in contact with several teams.

The 30-year-old Young is fighting a pair of lawsuits stemming from a $1.8 million loan obtained in his name during the 2011 NFL lockout.

A court has granted a judgment against Young to Pro Player Funding, a New York company that made the loan.

Pro Player Funding has made several efforts in a Harris County state district court to enforce collection of the judgment, but those efforts remain pending.

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