Clinton Portis files for Bankruptcy

[SolidSnake84]

Originally Posted by That Guy

brunell got suckered into a bad real estate investment scheme of some kind. he talked about it on 980 a while back, but i forget the details.

as for his mom's house, if he paid it in full and signed it over to her (bad move), then someone could trick her into signing a mortgage and the house could be taken without his signature or involvement, and he could be trying to fight it as predatory.

i don't really care enough to look into it.

Mark Brunell, Tony Boselli, and some other former NFL players were talked into buying a derelict strip mall near downtown Jacksonville with the intention of developing it, etc.. This was right before Jacksonville's famous "depression" where basically real estate became worthless and the city itself flirted with declaring bankruptcy.

Anyway, long story short, some of the other players defaulted on making their share of the mortgage payments, leaving Brunell to attempt paying the loan with his own funds. Keep in mind that the building was never developed, it was basically abandoned. Brunell did it for as long as he could, but eventually declared bankruptcy. It was his business that went bankrupt, not him. I understand that he got to keep his cars, houses, etc, it was just his company (that also owned a chain of whataburger locations) that went belly up.