Ray Nagin’s Wife Files for Bankruptcy
The filing comes just one day before Nagin’s house in Texas was scheduled for a foreclosure sale.
In February Nagin was convicted on public corruption charges. He owes more than $500,000 in restitution.
Court records indicate the Nagins primarily incurred consumer debts and owe creditors anywhere from $100,000 to $500,000.
Nagin is expected to be sentenced to 15 to 20 years in prison. His sentencing is set for June 11th.