John L. Smith now $40.7M in debt

Updated: October 4, 2012, 4:00 PM ET
Associated Press

LITTLE ROCK, Ark. -- Arkansas coach John L. Smith has amended his bankruptcy filing, listing $40.7 million in debts -- up from $25.7 million just last month.

The filing in U.S. Bankruptcy Court in Little Rock on Wednesday shows Smith has $1.3 million in assets. His previous filing listed $25.7 million in debts and $1.2 million in assets.

The difference appears to be $15 million owed to Branch Banking & Trust in Louisville, Ky. The original filing on Sept. 19 listed the amount owed ...

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