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Thread: Jamal Lewis files for Bankruptcy

  1. #1
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  2. #2
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    Can't pay his bills, or doesn't want to pay his bills ?

  3. #3
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    he had a trucking business when he was in Baltimore. I guess it didnt pan out for him. He looks like he is eating well though. JK. He is one my favorite Ravens. I don't see why it's our business though and they need to publicize it...

  4. #4
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    If the numbers reported are accurate, it sounds like he's not paying his bills, not that he can't afford it

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    Quote Originally Posted by dcoleman View Post
    i don't see why it's our business though and they need to publicize it...
    well said

  6. #6
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    like others said, he had a pretty big trucking company while he was here .......

    there were quite a few stories about that big truck he used to drive into truck stops to recruit drivers.........

    he seemed to be pretty grounded and one of the few that had a post career plan .......

  7. #7
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    It's the league's fault.. He got hit in the head one too many times and doesn't know how to manage his money.

    But seriously.. the trucking company was a disaster.. Read on..

    http://www.ripoffreport.com/trucking...ankr-ee9e0.htm

  8. #8
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    Quote Originally Posted by Ravenboy2003 View Post
    It's the league's fault.. He got hit in the head one too many times and doesn't know how to manage his money.

    But seriously.. the trucking company was a disaster.. Read on..

    http://www.ripoffreport.com/trucking...ankr-ee9e0.htm
    interesting site ......

    thanks .....

  9. #9
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    Quote Originally Posted by DColeman View Post
    he had a trucking business when he was in Baltimore. I guess it didnt pan out for him. He looks like he is eating well though. JK. He is one my favorite Ravens. I don't see why it's our business though and they need to publicize it...
    Because he is a public figure. People will read about it because of who he is. I'm having a hard time feeling sorry for his though. Over 14 million dollars in assets, makes 35,000 a month, and he has to file bankruptcy? Seems like he really needs to get a financial advisor.

    Lewis has $14,455,854 in assets but he also has $10,566,764.18 in debts. Lewis is currently self employed and makes about $35,000 a month.

  10. #10
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    Quote Originally Posted by cprenegade View Post
    Because he is a public figure. People will read about it because of who he is. I'm having a hard time feeling sorry for his though. Over 14 million dollars in assets, makes 35,000 a month, and he has to file bankruptcy? Seems like he really needs to get a financial advisor.
    its all about cash flow .......

    sounds like he could use bain capital .....

  11. #11
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    Quote Originally Posted by Eastside Terp View Post
    its all about cash flow .......

    sounds like he could use bain capital .....
    You got that right. I have a friend who as an early twenty something was very well endowed and wanted to start a tee shirt shop in a Mall. An older supplier gave her supplies up front with 120 day billing. She is very wealthy today but it was all about cash flow.

  12. #12
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    I just hope someday I can be broke enough to have a net 4 million in assets...

  13. #13
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    I have no problem with the media publicized a multi-millionaire who wants to not pay his bills.

  14. #14
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    He has also joined the NFLA concussion lawsuit to try and milk some money from that.

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