Quantcast
breaking news

New Documents: John L. Smith's Debt Reaches $40 Million

By: KARK 4 News, Little Rock
Updated: October 3, 2012
Arkansas Razorbacks head football coach John L. Smith filed new documents on Wednesday that show he has more than $40 million in liabilities.

According to USAToday.com, Smith filed amended documents that show a newly listed debt of $15 million owed to Branch Banking and Trust in Louisville, Ky.

Coach Smith also cashed in a life insurance policy in order to pay bills and add money to his checking account, according to the article.

Smith filed for Chapter 7 bankruptcy in early September.

To read the original article, click here.

Comments

Related Content

NORTHWEST ARKANSAS -- The Northwest Arkansas Women's Shelter needs your help giving people a fresh start. ...

Ryne Stanek, Jalen Beeks and Colby Suggs combined on a six-hit shutout as No. 13 Arkansas evened its series at Auburn with a 1-0 win on Friday night at Plainsman Park....

The No. 24 University of Arkansas softball team downed the Fordham Rams, 5-1, on Friday in Norman, Okla....

The Razorbacks, the only team to shoot under par on Friday, shot a combined five-under par as a team to take their team total to three-under par....

SPRINGDALE, AR -- This guy's getting a bullet proof vest and it's all thanks to passionate, pup-lovin' students....

On the heels of the team's winning effort at the SEC Championships last weekend, Chris Bucknam and Nathanael Franks have each earned end-of-the-year conference honors....

For her efforts during the 2013 outdoor season, including a victory at the SEC Championships last weekend, Makeba Alcide has been named the SEC Field Athlete of the Year....

SALLISAW, OK -- In March, a bald eagle was found dead in front of a Sallisaw hotel, its body had been mutilated.  Now investigators are offering up a $2,500 reward for information that to...

LITTLE ROCK, AR -- On Friday, a federal judge issued a preliminary injunction to stop a new Arkansas law restricting abortions after 12-weeks....

BENTON COUNTY, AR-- Flash flooding from early May storms broke a culvert and opened a sink hole in Pea Ridge overnight Friday....

 
 
More News
 
 
 
©1998 - 2013 Nwahomepage.com
Nexstar Broadcasting, Inc.
All Rights Reserved