Aaron Carter Files for Bankruptcy, Owes More Than 3 Million Dollars


Aaron Carter
His representative confirmed that the singer has an 'overwhelming' amount of debts to credit card company and IRS among others.


Former child singer Aaron Carter has filed for bankruptcy. The 25-year-old filed the legal documents, revealing that he has debts totaling $2,204,854 including credit card charges of $31,166, but only has assets total $8,232.16.

According to TMZ, Carter also owes taxes bills to IRS, amounting to $1,368,140. With the big numbers, Carter therefore is filing for Chapter 7 Bankruptcy. In order to file such document he had to list his assets and that includes his pooch which he claims has zero value.

Among his lists are a 61" flat screen worth $500, 2 MacBooks, 2 Headset Mics, a Mini Keyboard, Portable Beats, a speaker, a guitar, Louis Vuitton backpack, a duffle bag, a printer worth a total of $2,500, and a Brietling watch worth $3,750.

Carter stated that he makes $1,998.75 a month but spends $2,005 monthly, which includes $600 for food, $150 for clothes, and $65 for hygiene. He is living with a family member.

His representative has released a statement to Wetpaint Entertainment, saying "Aaron filed for Chapter 7 Bankruptcy protection to alleviate past issues in an effort to move forward with his life and career. The overwhelming majority of the debt he is asking to be discharged is from more than 10 years ago when he was a minor and not in control of his finances."

Carter is in the middle of a tour on the West Coast. The younger brother of Nick Carter found his glory in 2000 when his album "Aaron's Party (Come Get It)" went triple platinum. He has not released any studio album since 2002.

© AceShowbiz.com


MORE FROM NEWS
Leave a Comment

Required fields are marked with *

  random image 
TODAY'S HEADLINES
  1. Tiger Woods and Katharine McPhee Threaten to Sue Porn Site After Nude Photos Leak
  2. Kristen Stewart Fights Back After Her Nude Photos With GF Stella Maxwell Leaked
  3. These Two Horror Directors in Contention for 'Justice League Dark'
  4. Margot Robbie Is Unrecognizable as Queen Elizabeth I on Set of 'Mary Queen of Scots'
  5. Bodybuilder Dallas McCarver Dies Possibly After Choking on Food
  6. Adam Lambert Says He'd Love to Be Judge on 'American Idol' Revival
  7. Celebrities Who Had Scary Ghost Encounters
  8. Madonna Rings in Birthday With All Her Six Children in Italy
  9. Johnny Depp's Daughter Lily-Rose Gets Topless in New Racy Photos
  10. That Would Be Great! Ryan Reynolds Wants R-Rated 'Deadpool' / 'Avengers' Crossover