Aaron Carter Files For Bankruptcy, Lists Dog's Value as ZERO.

Aaron Carter - the one time pop star and younger brother of Backstreet Boys star Nick Carter - has filed for bankruptcy.

According to legal documents obtained by TMZ.com, Aaron's assets total just $8,232,16 though his liabilities total $2,204,854, which includes an AmEx bill of $31,166.

Aaron - who is still on tour - also owes over $1 million to the IRS - which is a problem given that all he owns is a couple of MacBooks and a duffle bag.

In the documents, he lists the following as his assets: 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.  He also owns a Brietling watch worth $3,750.

Probably the most upsetting part of the whole thing is that Aaron lists a dog with a value of ZERO. Nothing. His dog is worth no dollars. Not even a dime.

Aaron lists his monthly income as $1,998.75 and monthly expenses of $2,005, which includes $600 for food, $150 for clothes and $65 for HYGIENE.

The pop star is going to whole hog and filing for Chapter 7 bankruptcy, which means the creditors are going to move in.

Aaron's representative Steve Honig - yep the same guy who used to do PR for Lindsay Lohan - tells TMZ that the singer filed for bankruptcy to move forward with his life and career adding, "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 - who has continued to release music and tour -  joined season 9 of primetime reality series, Dancing with the Stars in 2009. He and partner Karina Smirnoff were eliminated and finished in fifth place - which is probably the worst position to finish.

Aaron probably shouldn't worry too much - his brother Nick is about to hit the road on a huge Backstreet Boys reunion tour and should be pulling in a couple of bucks. Maybe young Aaron will have enough to buy his little pooch a new collar.

Check out who is supporting Backstreet Boys on their upcoming tour.

Aaron PaulHey, It's Aaron Carter!

Aaron Paul Fox
Aaron Carter's Dog Is Worth $0.


Contactmusic

Tags: Aaron Carter - Nick Carter


Editors Recommendations

MS MR Admit They're 'Natural Performers' As They Enjoy 2014's Festival Season

Some bands are worth getting excited about and, with the festival season well under way...

MS MR Admit They're 'Natural Performers' As They Enjoy 2014's Festival Season

Miley Cyrus Forced To Cancel More 'Bangerz' Tour Dates As She Remains Hospitalized

Miley Cyrus is still receiving hospital treatment for "severe allergic reaction...

Miley Cyrus Forced To Cancel More 'Bangerz' Tour Dates As She Remains Hospitalized

Peaches Geldof Will Be Laid To Rest In Same Church As Late Mother

Peaches Geldof, who suddenly died at the beginning of this month (April 7th)...

Peaches Geldof Will Be Laid To Rest In Same Church As Late Mother

Gwen Stefani To Step In For Christina Aguilera On "The Voice"

We never would have pegged Gwen Stefani as the reality talent panelist type...

Gwen Stefani To Step In For Christina Aguilera On

Bryan Singer Announces Alibi, But It Won't Help "X-Men" Marketing

As X-Men director Bryan Singer is gearing up for his defense case, which he will have...

Bryan Singer Announces Alibi, But It Won't Help

Prince To Release New Album With New Warner Bros. Records Partnership

Prince and Warner Bros, Records seem to have put their differences aside...

Prince To Release New Album With New Warner Bros. Records Partnership

Lindsay Lohan's Ex List Was Actually A Step In Her Recovery

Lindsay Lohan really did write down her now infamous list of lovers, which has been...

Lindsay Lohan's Ex List Was Actually A Step In Her Recovery

'Mrs. Doubtfire' Cast Reluctant For Sequel: A Cash Cow For Robin Williams?

The news that a Mrs. Doubtfire sequel is definitely in the works 21 years after the 1993...

'Mrs. Doubtfire' Cast Reluctant For Sequel: A Cash Cow For Robin Williams?

Music Fans Crown Ozzy Osbourne And Lady Gaga "Hardest Artists To Understand"

Music fans have named Lady Gaga, Miley Cyrus and Rihanna in their top ten hardest...

Music Fans Crown Ozzy Osbourne And Lady Gaga


More recommendations

Comments

Aaron Carter Newsletter

Subscribe to this news alert service to receive news and reviews on Aaron Carter

Unsubscribe | Unsubscribe All