Former National Basketball Association star Antoine Walker has filed for Chapter 7 protection in the U.S. Bankruptcy Court in Miami.
Walker’s filing indicates he has $12.7 million in debt and $4.3 million in assets.
Walker’s schedules indicate monthly living expenses for his family spend an average of $78,000 per month, and states he currently has no income.
The bankruptcy was filed following a notice that creditor’s intended to sell a house that Walker had purchased for his mother in Chicago.