EVANSVILLE, Ind (WEHT) Former University of Evansville men’s basketball coach Walter McCarty has filed for bankruptcy.
Court documents show McCarty filed for Chapter 11 bankruptcy on December 1 in Boston. This comes after McCarty’s legal troubles with two Evansville banks.
He reached a settlement with First Federal Savings in November, which claimed McCarty defaulted on a $45,000 loan.
A similar lawsuit involving Old National Bank remains open, as does a lawsuit McCarty filed claiming ONB still owes him money for personal appearances.
(This story was originally published on December 29, 2020)
