Kosar Plans to Liquidate Some Assets, Ex-Wife Wants Trustee
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Bernie Kosar, the former quarterback for the National Football League’s Cleveland Browns, filed a plan to satisfy creditors’ claims by liquidating his bankrupt companies and investments, while retaining some assets.
Kosar’s lawyers called the proposal a “hybrid” plan in which his companies’ assets would be liquidated to repay creditors and he would keep assets including his NFL pension and a vehicle, according to court documents filed Sept. 30.