Aaron Carter Files for Bankruptcy

Aaron Carter, who’s on tour but living with his family, has filed for Chapter 7 bankruptcy. He has an average monthly income of $1,998.75 with monthly expenses totalling $2,005 which includes includes $600 for food, $150 for clothes, and $65 for hygiene.

That’s not too bad until you realize he only has about $8,232.16 in assets with $2,204,854 in liabilities including a $31,166 AmEx bill. He also owes $1,368,140 million to the IRS. Oh and he had that drug problem.

As for his assets, he lists a 61″ flat screen worth $500. He also lists 2 MacBooks, 2 Headset Mics, a Mini Keyboard, Portable Beats, a speaker, a guitar, $60 in cash, Louis Vuitton backpack, a duffle bag and a printer worth a total of $2,500. And he owns a Brietling watch worth $3,750.

Not to worry. I have a fool-proof plan for Aaron. Just get famous again. Bam. Problem solved.

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