Bankruptcy isn’t something we think happens to people on TV, but for Dancing with the Stars’ Aaron Carter- it did. While on the show he was contacted by multiple financial companies about his past finances when he was a minor and not in control of his earnings.
Carter, now 25 years old, filed for Chapter 7 Bankruptcy and claimed in the filing he has assets totaling $8,232.16. This includes a 61-inch flat-screen TV, two MacBooks, two headsets, a mini keyboard, a Beatbox portable, a speaker, a guitar, a Louis Vuitton backpack, a duffel bag, a printer, $60 in cash and his dog. He lists his average monthly income at $1,998.75.
Carter owes creditors more than $2 million in liabilities and a large amount of that is for the IRS- their chunk is $1,368,140. The majority of his tax problems come from 2003 when he made millions, but was 15 and probably too young to understand tax law.
The Forgotson Law Firm is one of Oklahoma City’s premier Chapter 7 and Chapter 13 bankruptcy firms. If you ever find yourself in the stress of considering bankruptcy, call or request your FREE initial consultation.
Forgotson Law
1230 S.W. 89th, Suite A
Oklahoma City, OK 73139
405-703-4567
Carter, now 25 years old, filed for Chapter 7 Bankruptcy and claimed in the filing he has assets totaling $8,232.16. This includes a 61-inch flat-screen TV, two MacBooks, two headsets, a mini keyboard, a Beatbox portable, a speaker, a guitar, a Louis Vuitton backpack, a duffel bag, a printer, $60 in cash and his dog. He lists his average monthly income at $1,998.75.
Carter owes creditors more than $2 million in liabilities and a large amount of that is for the IRS- their chunk is $1,368,140. The majority of his tax problems come from 2003 when he made millions, but was 15 and probably too young to understand tax law.
The Forgotson Law Firm is one of Oklahoma City’s premier Chapter 7 and Chapter 13 bankruptcy firms. If you ever find yourself in the stress of considering bankruptcy, call or request your FREE initial consultation.
Forgotson Law
1230 S.W. 89th, Suite A
Oklahoma City, OK 73139
405-703-4567