NFL Star Filed for Bankruptcy


Former Chicago Bears star Dave Duerson, who committed suicide recently had filed for bankruptcy protection in September 2010. In his bankruptcy filing, Duerson listed a federal court judgment his food company won in 2004 as one of his assets. The judgment amounted to $34.5 million and was given against a company that filed for bankruptcy in 2005. Ironically, the amount was never collected. Without the awarded amount, Duerson would have been in debt by up to $14 million, largely due to the failure of his food former company, Duerson Foods LLC that went into receivership in 2006. Duerson told the Chicago Tribune in 2007 that he was still hopeful to collect the judgment.

In his bankruptcy filing, Duerson stated that his ex-wife is entitled to 30% to 50% of whatever judgment is collected.

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