Mike Nifong Is Bankrupt (and Not Just in the Ethical Sense)

From the Smoking Gun:

Disgraced and disbarred, Mike Nifong is now bankrupt. The former North Carolina prosecutor, whose career imploded with his botched handling of the Duke University rape case, today filed for bankruptcy, listing liabilities in excess of $180 million. A summary schedule from Nifong’s Chapter 7 petition can be found below. Almost all of that sum represents legal claims filed against the former Durham County district attorney by members of Duke’s 2006 lacrosse team, including the three players who were accused of raping a stripper at a team party.

Included among Nifong’s assets are a 2003 Honda Accord, about $9000 in personal property, and his $235,000 home. He lists nearly $5000 monthly in pension or retirement income and describes himself, charitably, as retired.

A sampling of reader comments from the WSJ Law Blog:

“I would have liked to have been his ‘credit counselor’… Now Mr. Nifong – I see you have $180 million in debt. Let’s go over ‘how to balance your checkbook’ chapter in your pamphlet…ahahah”

“Mr. Nifong can now talk to Simon & Schuster without any apprehension.”

“I know that this question is immaterial, but what nationality is the name “Nifong”? I have asked several individuals and none of them had a clue.”

“The name Nifong is of Scottish Ancestry and this member is a disgrace to that proud family.”

Mike Nifong Bankrupt: Disgraced Duke prosecutor lists $180M in liabilities [The Smoking Gun]
Michael Nifong Files for Personal Bankruptcy [WSJ Law Blog]

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