Teen-Age Heart-Throb Declares Chapter 7 Bankruptcy

Written by CFB Blogger. Posted in Blog

Aaron Carter, the 26-year-old pop/hip-hop singer who became a star among pre-teen and teen-aged audiences during the last decade, has declared Chapter 7 bankruptcy. According to an article published in KDrama Stars, the vocalist’s bankruptcy listing revealed $2,204,854 in debt and only $8,232.16 in assets. His debts include $31,166 owed on his American Express card and over $1 million owed to the IRS. The bankruptcy filing also showed that Carter spent $2,005/month to live: including $600 for food, $150 for clothes and $65 for hygiene. Carter’s representative told USA Today that “’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.’” According to the Huffington Post and the Wichita Eagle, Carter said, “’I’ve been living a different lifestyle. I don’t party. I’ve partied enough. I don’t go out. I focus on other things that are much more important. I focus on being an entertainer. I love performing. That’s what I’m about. I want to take that next step.’” TMZ reports that Carter is now living with a family member. If you have been thinking about filing Chapter 7 or Chapter 13 personal bankruptcy due to failed real estate or other investments, contact the attorneys at Client First Bankruptcy. We are experienced and knowledgeable in the field of all aspects of personal bankruptcy. Hiring a Client First Bankruptcy attorney to counsel you through the process and provide representation may be the key to your financial freedom.  We have helped thousands of consumers like you discharge their debts.  For your free initial phone consultation, please call us toll-free at 800-383-6004 today or log onto www.clientfirstbankruptcy.com for more information. Our well-informed and compassionate attorneys answer their phones Monday thru Friday from 8:30 a.m. – 6:00 p.m. Central Time. Give us a call now; you and your family deserve a secure and happy future.