Reuters: Bankruptcy News: Ex-NFL player Jamal Lewis' bankruptcy hearing rescheduled

Reuters: Bankruptcy News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Ex-NFL player Jamal Lewis' bankruptcy hearing rescheduled Jun 5th 2012, 18:03 By David Beasley ATLANTA, June 5 | Tue Jun 5, 2012 2:03pm EDT ATLANTA, June 5 (Reuters) - A court hearing on the status of former Baltimore Ravens running back Jamal Lewis' bankruptcy case was postponed in Atlanta on Tuesday amid signs that he would submit required financial records and meet with court officials. Lewis, who retired from the National Football League in 2009 after 10 seasons and also played for the Cleveland Browns, filed for bankruptcy on April 4, citing $14.4 million in assets and $10.5 million in debt. The 32-year-old former player then failed to submit required financial records to the bankruptcy court and did not appear for a scheduled interview with court officials, according to documents. On May 4, the U.S. Bankruptcy trustee in Atlanta asked the court to either dismiss Lewis' case or convert it from Chapter 11, which would allow him to establish a repayment plan, to Chapter 7, which would permit his assets to be sold to pay creditors. A hearing on that request was scheduled for Tuesday. But David S. Weidenbaum, attorney for the bankruptcy trustee, asked for a delay, saying Lewis had shown signs of complying with the regulations. "There has been some progress" in the case, Weidenbaum said. The hearing has been rescheduled for July 10. (Editing By Colleen Jenkins and Paul Simao) Link this Share this Digg this Email Reprints

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions