Michael Vick
This athlete took nearly a decade before he could find a way out of bankruptcy after his financial problems came to a boil in 2008. He served jail time for illegal dogfighting and owed $17.6 million. The NFL quarterback did not have the best time in the past few years. We are glad that he eventually got it together and stayed on a budget to pay off the debts. It was hard, but he ultimately managed.
Katie Price
Another celebrity who is not doing too hot is Katie Price. The former model has been trying anything that can alleviate her monetary issues. She was nearing bankruptcy towards the end of 2009. Despite everything, she did not stop dressing luxuriously and continued living in a mansion. She did this even though she was supposed to pay back $15,1000 per month!