AUSTIN -- According to an email received from the U.S. Bankruptcy Court, former Longhorn Vince Young has filed for Chapter 11 bankruptcy protection.
A petition was filed last week in a Houston federal bankruptcy court, listing Young with estimated assets between $500,001 and $1 million and liabilities between $1,001,000 and $10 million. The Houston Chronicle reports no specific details on Young's assets and liabilities were immediately available.
KVUE News' partner the Austin American-Statesman reports the Austin attorney for the former University of Texas quarterback continues to pursue his NFL career and said he has been in contact with several teams.
The 30-year-old Young is fighting a pair of lawsuits stemming from a $1.8 million loan obtained in his name during the 2011 NFL lockout.
A court has granted a judgment against Young to Pro Player Funding, a New York company that made the loan.
Pro Player Funding has made several efforts in a Harris County state district court to enforce collection of the judgment, but those efforts remain pending.