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Aaron Carter

Files for Bankruptcy

Even My Dog's Worthless

11/21/2013 6:02 AM PST BY TMZ STAFF

Aaron Carter may want candy, but he can't afford it anymore ... because TMZ has learned he's gone belly up, filing for bankruptcy ... and the papers reveal sad news about his pooch.

According to legal docs, obtained by TMZ, Aaron's assets total $8,232.16.  Here's the BIG problem.  His liabilities total $2,204,854, which include a $31,166 AmEx bill.

Aaron -- who was a huge pop star and is still on tour, even tonight -- also owes $1,368,140 mil to the IRS.

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.

Here's the saddest part.  He also lists a dog, with a value of ZERO.

Aaron lists his average monthly income at $1,998.75.  As for his monthly expenses -- $2,005, which includes $600 for food, $150 for clothes, and $65 for hygiene.

He's currently living with a family member.

Aaron is not filing for Bankruptcy light, which is often used to reorganize debts.  He's going for the whole, Chapter 7 enchilada, which means the creditors will eat it.

Aaron's rep Steve Honig tells us 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."


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Is he doing the tour for free??

337 days ago


He seems sweet; was definitely abused and exploited. I feel bad for him.

337 days ago


That's what happens when you spend all of your money on drugs!

337 days ago


remember when Aaron Carter was the Justin bieber back in the day?

337 days ago


I make more than he does a month and I dont even spend 150 dollars a month on clothes or food. Maybe that is the problem. So sick of celebs who live way outside their means and then cry about it when they cant pay their bills. I dont buy that is all he is making anyways. Especially if he is on tour right now.

337 days ago

Eric in L.A.    

Even if he is allowed to declare Chapter 7 bankruptcy it won't help him with his $1,368,140 mil IRS debt. I think he is screwed.

337 days ago


Didn't he use to be Justin Bieber?

337 days ago


1. He was never a "MAJOR" star. 2. Can you really unload a debt owed to the IRS by filing bankruptcy?

337 days ago


why isnt big bro nick helping

337 days ago


I feel sorry for the bulldog, having such a loser for an owner. But the dog looks a LOT better than Carter. Someone PLEASE rescue him - - - - the dog that is!!!!!!!

337 days ago


The dog is worth more than you, a-hole.

337 days ago


Your writers at TMZ are so stupid. "[Aaron] also owes $1,368,140 mil to the IRS". He does not owe 1,368, 140 MILLION he owes $1,368,140 US dollars. If you said he owes 500 THOUSAND, you'd mean 500,000 not 500 dollars.

337 days ago


WTF??? Bunch of crap. Then whoever WAS in charge of his finances as a minor should pay the bills. If he accidently has a decent song 5 or 6 people buy, he could have income and pay his own damn bill. Little bstd.

337 days ago


You are more worthless than your dog. A lot of people will probably adopt your dog but not an arrogant spoiled brat like you

337 days ago


Good girl Hillary Duff dodged a bullet with this Loser!!
She ditched the zero and married a hero.

337 days ago
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