RB Deuce McAllister filed for Chapter 11 bankruptcy protection last week for a Nissan car dealership the former New Orleans Saint owns in Jackson, Miss. In a federal court filing, the Nissan financing division said McAllister, who is currently a free agent, owes more than $6.6 million -- as well as almost $300,000 in interest, plus other fees, after he defaulted on a deal with the company and exceeded his credit line. McAllister said the bankruptcy filing is an attempt to hold on to his assets and he's looking for partners to help return him to solvency. "It's basically the tough economic times that we're in," McAllister told The Associated Press. "(The difficulty) was pretty much standard over the last eight months, not only with gas prices, but with credit." In a civil suit filed Feb. 20, Nissan claims it discovered during a July audit that McAllister had defaulted on payments of more than $560,000 owed to the company. The debt grew by $300,000 less than two weeks later. The company also claimed McAllister exceeded his credit limit for new, used and demonstration vehicles by more than $1.6 million. McAllister said 95 percent of the debt Nissan alluded to is unsold vehicles sitting on the lot. 02/06/2009

McAllister has settled a lawsuit against a Bourbon Street nightclub. McAllister's suit claimed he was manhandled during the 2004 Mardi Gras by bouncers at Razzoo Bar and Patio.
03/13/2009