Aaron Carter has filed bankruptcy with the dog on the list of values being worth ZERO dollars. According to legal documents, Carter’s assets total $8,232.16 and his liabilities totaling $2,204,854, which include a $31,166 AmEx bill.
Carter was a huge pop star making millions and is still touring. He currently owes the IRS $1,368,140. He listed his assets on the documents such as a 61” flat screen television worth $500, two Macbook computers, two headset mics, portable beats, a speaker, guitar, $60 in cash, Louis Vuitton backpacks, a duffle bag, a printer worth $2,500 and a mini keyboard. He also owns a Brietling watch worth $3,750.
He also listed his dog on the documents with a value of ZERO. Carter lists his average monthly income at $1,998.75. Carter’s monthly expenses total to the amount of $2,005 which includes $600 for food, $150 for clothes, and $65 for hygiene.
At the moment, he lives with a family member. Carter is filing for a Chapter 7 Bankruptcy which means he will owe nothing.
Steve Honig, Carter’s representative said, “the singer filed bankruptcy 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 finance.”