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.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Tampa Bay Bankruptcy Center, P.A. | Attorney Advertising

Written by:


Tampa Bay Bankruptcy Center, P.A. on:

Readers' Choice 2017
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.