Two-time MLB All Star pitcher Livan Hernandez filed for chapter 13 bankruptcy, according to court papers, the Miami Herald reported. While the case is in its infancy and shows no precise numbers, Hernandez declared owing up to $1 million to as many as 50 creditors. Hernandez’s paperwork shows that his debts are mainly consumer-style IOUs to businesses like credit card companies Capital One, Chase and Bank of America. He also owes back taxes to the IRS, according to his papers, and a judgment to a local businessman who lent Hernandez $220,000 in 2013 but hasn’t been paid back. Hernandez is estimated to have earned more than $53 million in his 15-year career, but court papers said he was worth less than $50,000 on the day he filed for bankruptcy on June 30.
