Friday November 22, 2013 12:23 pm
Aaron Carter Files for Bankruptcy
Aaron Carter has filed for bankruptcy with a debt of $2.2 million.
The "Candy" hitmaker and younger brother of the Backstreet Boys' singer Nick Carter has reportedly been dealing with crippling debt, while earning just $1,998 a month. The 25-year-old owes $1.3 million in unpaid tax and $31,166 on an American Express credit card, among other debts.
"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," his representative Steve Honig told E! News.
Aaron first shot to fame in the late 1990s. His most popular album, Aaron's Party (Come and Get It), was released in September 2000 and sold over 1.5 million copies. Despite his financial problems, Aaron has pushed on with his music comeback and continues to play concerts. Although he has not released an album since 2002, he appeared on reality show Dancing with the Stars in 2009 and is currently on tour.
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- aaron carter, bankruptcies, debts, finances, financial issues, gossip, taxes
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