I suppose this qualifies as Falcons news since Dogboy is still on the roster:

AJC article linked here.

This probably isn't a huge surprise.  Doubt that the Falcons were expecting to recover the money anyway.

If he doesn't have any assets hidden, what is he going to do for money after he gets out of prison?  Although some team will surely sign him, I don't think that they can do so while he's suspended (for at least a year, right?).  OMG, he'll starve!!!

At least his bankruptcy doesn't hurt any helpless animals, and God knows he can't do any more damage to the Falcons.