Aaron Carter Files For Bankruptcy With £1.37million Debts
His debts stretch back over a decade
Former child star Aaron Carter has filed for bankruptcy at a Florida court declaring liabilities of over $2.2million (£1.37million).
25-year-old Carter’s representative Steve Honig says the Chapter 7 bankruptcy predominately relates to debts accrued from over 10 years ago when Carter was in his pop prime.
While he deals with his finances, Carter is living with a family member and has claimed assets of $8,000.
Honig told The Hollywood Reporter: "The overwhelming majority of the debt that he's asking to be discharged is from more than 10 years ago, and that was when he was a minor and not in control of his own finances.
"So this is a problem that's existed for a long time that he's now made the decision to do something about in order to be able to move forward with his life.
"Over the last few years he's done a lot of things to put his life back together, he's been clean and sober for awhile, he's now taking care of his finances.”
Carter released four albums throughout his career reaching his commercial peak with 2000’s ‘Aaron's Party (Come Get It)’, which sold over 3million copies in the US alone.
He tried to revive his chart career as an adult in 2009 with his Flo Rida collaboration ‘Dance With Me’ and ‘Planet Rock’ featuring Busta Rhymes but both singles flopped in the charts.
He is currently on a North American tour.