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Clinton Portis files for bankruptcy

Former Washington Redskins starting running back Clinton Portis had filed for Chapter 11 Bankruptcy Protection after months of financial problems, according to reports from late November.

Portis filed for bankruptcy on November 5 at the United States Bankruptcy Court in the Northern District of Florida, and he cited a total of $2.5 million in debt, including outstanding balances on his car, home, credit card loans, income taxes, and gambling debts.

The filing showed a $1 million debt to Residential Credit Solutions for his mortgage, a $390,000 debt of back taxes to the Internal Revenue Services balance, a $287,000 debt to the MGM Grand Hotel in Las Vegas, a $200,000 debt for an Alabama foreclosure, a $170,000 debt to an Atlantic City casino, $111,000 for a home equity line credit, and a total of $210,000 for car loans.

If you are struggling through debts with your personal or business finances, our attorneys at Gagnon, Peacock & Vereeke, P.C. can help you understand your options and find relief. Call our Texas office today at (214) 824-1414 to learn more about what we can do for you.

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