Last week, we told you that Vince Young was filing for bankruptcy after series of bad decisions led him to having a lot less money than he should have. Now it turns out according to an the Houston Chronicle, that he is asking for a dismissal of his bankruptcy petition after settling with one of his lenders:
Court papers show Young’s attorneys have settled a legal dispute with a New York lender that had led Young to seek bankruptcy protection. The new York lender Pro Player Funding had a judgment with interest against Young of about $2.5 million stemming from a loan taken in his name during the 2011 NFL lockout.
The court motion seeking dismissal of the bankruptcy case doesn’t reveal the terms of the settlement between Young and Pro Player Funding.
Hopefully this means the start of brighter days ahead for Vince.