Charlie Batch...Really??

Apparently Charlie Batch, one of the back-up quarterbacks for the Pittsburgh Steelers, filed for bankruptcy back in December.  I find this very odd, especially when he has made millions playing in the NFL.  And now a federal judge has ruled that some of his property, including his two superbowl rings, could be used as collateral to pay off the debt.  I really do not understand how this could happen to someone that makes as much as he has in his career.  I feel like you would really have to be bad with your money to pull this one off, considering the fact that he once recieved a $13 million bonus back when he played for the Detroit Lions.