Trey Dolezal, the attorney for former NFL quarterback Vince Young, said a Houston judge could rule to uphold a restraining order filed to prevent further assessment of Young's assets.
"Judge Matthews has the ball," Dolezal told The Sports Xchange by phone Tuesday, referring to Harris County District Court Judge Sylvia Matthews in Houston. "There has been no order for an auction or collection of assets."
Dolezal is familiar with Matthews, who is also handling the complaint against Young's former financial advisor, Ron Peoples. Young filed a civil complaint claiming he lost more than $5 million while Peoples Financial Service was managing his assets along with former agent Major Adams when Young signed a five-year, $54 million rookie contract.
Constables were sent to his Houston estate to assess his assets, but Dolezal denied that action is precursor to auction.
He also said Young is not at or near bankruptcy, nor is he being forced to liquidate assets to meet the $1.7 million judgment that exists due to what Dolezal insists was a "conspiracy" high-risk loan hatched by New York-based Pro Player Funding in 2011. The short-term loan was for $1.695 million with a 20 percent interest rate adjustable to 30 percent if any payments were missed.
He said Tuesday that Young was taken into a room to sign three documents for a financial matter, not knowing he'd agreed to a loan that, Dolezal said, wasn't created on paper for another three weeks after the date Young signed.
Dolezal said Young has no intention to repay any part of the loan.
"We're still in controversy; there is no judgment," he said. "You don't get to collect -- in statuatory and case law -- while in controversy."
Pro Player said it obtained a judgment in July 2012.
The binding document in the conflict is a signature page known as an affidavit of collection of judgment. In New York, the document eliminates the legalities of the collections process. The single page entered into court can essentially be the starting blocks and finish line for collectors.
Young's legal team countered with a petition to vacate, and Pro Player followed with a "motion to compel" or hold Young to the documents he claims he was duped into signing.
The domestication judgment in Texas might not be the last word in the matter.
Dolezal said the case against Pro Player would be in appellate court if Matthews decides to side with "the loan sharks."
"She could rule against Vince -- to view this is final until a judge in New York says it isn't," Dolezal said. "We immediately appeal in that scenario."
Given media interest and Young's profile, a decision could come this week.