[PokerDeath]

Mike Nifong lists $180M in liabilities

JANUARY 15--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. 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.

[increasedodds]

Worked out well for him!

Did not think you could file bankruptcy for a debt till there is a judgement against you. Did he already lose a lawsuit?

[Justin7]

Filing for bankruptcy will temporarily halt the lawsuits against you. If you have a claim for an intentional tort (like defamation or malicious prosecution), the debtor can exempt it from the bankruptcy estate - meaning he'll owe these guys the rest of his life, bankruptcy or not.