Warren Sapp Auctions off $6,500 worth of Air Jordan Sneakers

The need for bankruptcy does not discriminate among the sports.  Former NFL star Warren Sapp recently had to auction off a massive collection of Air Jordan sneakers for his bankruptcy case.  The Air Jordans were assets that could not be exempt and therefore becomes part of the bankruptcy estate.  Child support payments have priority over unsecured creditors such as credit cards, and therefore ahead in the line of creditors.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s