Overview
- Rice filed for Chapter 7 bankruptcy in the U.S. Bankruptcy Court for the Northern District of Texas on Nov. 4, according to federal court records.
- The petition lists roughly $3.45 million in liabilities and $677,054 in personal assets, with more than $2.1 million tied to civil lawsuits from a March 2024 Dallas crash and a separate assault claim.
- Court papers show Rice still owes $979,837 under a prior settlement to crash victim Kathryn Kuykendall and has disputed claims totaling several hundred thousand dollars from other plaintiffs.
- Among assets disclosed, Rice reported deferred compensation and a Super Bowl LVIII ring valued at about $160,000 that he has pledged as collateral with an attorney, and he listed $39,241 in nonexempt property that could be liquidated.
- The filing invokes an automatic stay that pauses most civil suits and schedules a creditors’ meeting for Dec. 11 where claim amounts, disputes, and eligibility for Chapter 7 liquidation can be challenged or resolved.