19. Engaging in Dog Fighting
NFL player Michael Vick’s role in an illegal dog fighting ring sent him to prison. He filed for Chapter 11 bankruptcy on July 7, 2008.
Vick came out of prison in 2009, owing his creditors about $18 million. He was fortunate enough to return to playing football and eventually was able to dig his way out of debt. But he did it by living on a restrictive budget of $300,000 a year, reported ESPN.
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