Jose Canseco files Chapter 7 bankruptcy in Nevada

[Bcatswin]

LAS VEGAS -- Former Oakland Athletics slugger Jose Canseco has filed for bankruptcy protection in Nevada.The 1986 American League rookie of the year and 1988 league MVP with the A's is seeking asset liquidation in Chapter 7 documents filed Tuesday in U.S. Bankruptcy Court in Las Vegas.Canseco's bankruptcy attorney, Mark Segal declined to comment Wednesday.The bankruptcy petition says the 48-year-old Canseco lives in Las Vegas.The filing was first reported by the Las Vegas Sun.It lists less than $21,000 in assets and almost $1.7 million in liabilities, including more than $500,000 owed to the Internal Revenue Service.Canseco hit 462 home runs during 16 years on eight major league teams.He was a six-time All-Star and two-time World Series winner.He later admitted using performance-enhancing drugs.

[beefcake]

Couldn't happen to a more upstanding guy..

[Harold Baines]

I can't believe that it's taken so long. The guy was trashing luxury cars intentionally more than 20 years ago....

[Emily_Haines]

Looks like he will be putting up those win a day with Jose Canseco auctions on Ebay again.

[boeing power]

We should send him some SBR points to fight ttwarrior .

[Bcatswin]

We should send him some SBR points to fight ttwarrior .

[Chi_archie]

Not surprising

[timmyboy34243]

Maybe an SBR Bash appearence for a couple of Domino's pizza cards is in order????????

[70kgman]

Canseco was playing for the Worcester Tornadoes of the Can-AM independant league this season, who play their home games right down the street from me. Guy had the 2nd worst average of all players in the entire Can-AM league last time I checked, and his contract was for 1K a month. He is listed as "inactive" on their roster page right now, whatever that means.

[Reload]

Maybe an SBR Bash appearence for a couple of Domino's pizza cards is in order????????

Hah - He might take us up on that!

[TheCentaur]

LAS VEGAS -- Former Oakland Athletics slugger Jose Canseco has filed for bankruptcy protection in Nevada.The 1986 American League rookie of the year and 1988 league MVP with the A's is seeking asset liquidation in Chapter 7 documents filed Tuesday in U.S. Bankruptcy Court in Las Vegas.Canseco's bankruptcy attorney, Mark Segal declined to comment Wednesday.The bankruptcy petition says the 48-year-old Canseco lives in Las Vegas.The filing was first reported by the Las Vegas Sun.It lists less than $21,000 in assets and almost $1.7 million in liabilities, including more than $500,000 owed to the Internal Revenue Service.Canseco hit 462 home runs during 16 years on eight major league teams.He was a six-time All-Star and two-time World Series winner.He later admitted using performance-enhancing drugs.

Pretty sure you can't wipe out IRS debt in a chapt.7, or any bankruptcy for that matter. Maybe they negotiate, but they won't be getting a letter saying so and so filed bankruptcy and screw you and your lien.

[ttwarrior1]

he wouldnt show, he would send his brother

[mynameismud]

Pretty sure you can't wipe out IRS debt in a chapt.7, or any bankruptcy for that matter. Maybe they negotiate, but they won't be getting a letter saying so and so filed bankruptcy and screw you and your lien.

you cant wipe out IRS debt or college loans. pretty much all other debt can be settled up via bankruptcy.

[Brock Landers]

unbelievable

how do these guys not bank/invest a ton of the money they make?!

[TheCentaur]

you cant wipe out IRS debt or college loans. pretty much all other debt can be settled up via bankruptcy.

That's the cutest puppy, I want to pet it

Also, back child support isn't going anywhere

[ttwarrior1]

invest? most investments fail

[mynameismud]

invest? most investments fail

if they are smart, they would put at least a few million in long term CD'S. CD's dont have the best ROI, but they are risk free.