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Nickelodeon's Drake Bell

Bankrupt

2/12/2014 6:39 AM PST BY TMZ STAFF
EXCLUSIVE

0212-drake-bell-01Drake Bell -- a huge Nickelodeon child actor who starred in "Drake & Josh" -- has filed for bankruptcy ... TMZ has learned.  

The 26-year-old actor just filed legal docs, claiming he's in the hole to the tune of $581,000.

As for the breakdown, Bell lists the value of his house at $1.575 million.  The bad news -- he's underwater, owing $1.597 mil.

Bell says he's only pulling in $2,820 a month, but his expenses total a whopping $18,771.

The fattest year Bell lists is 2012, when he made $408,000, but the next year he made an anemic $14,099.

And Bell owes a bunch of loot in taxes.

116 COMMENTS

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46.

shonenhiikada    

Better start sucking Dan Schneider **** son.

192 days ago
47.

OK    

Justin Bieber welcome to your future!

192 days ago
48.

justinbieber    

HAHA **** YOU DRAKE. KARMA IS A BITTTTCCCCCHHHH.

192 days ago
49.

Pablo Escabar    

He does voice overs for many cartoons such as spiderman..how is he only pulling in that much?!

192 days ago
50.

monique    

well drake bell, it's time to downsize right?

192 days ago
51.

Ariel Fuller    

yeah, he already denied these claims...

192 days ago
52.

Blsbadsa    

Maybe that's why he hates on Justin Bieber so much?

Jealousy is real.

192 days ago
53.

Stillwaters    

Wasn't he the one who threw shade at Bieber a few weeks ago? Dude, get your sitch in order before judging others.

192 days ago
54.

Mr Barcliff    

One day parents will teach there kids to not become stars and if they do become stars, they need to be told to live below there means, no matter how much they make $ wise. Fame is collateral and thats the mistake made by kids when they make $100,000-$500,000 or $1,000,000 !!!! KIds dont pay attention because they have no education but, they are ridiculed as if they knew how to manage $. It will take someone to help young stars with finances for this to stop, hopefully he can get work to recover because hes talented. They key is to inform young men/woman after and during being child stars it may stop and prepare with college or alternate forms of financial security like starting a business.LGNM

192 days ago
55.

ayye    

Well it's a good thing there's going to be another drake and josh movie, sure it'll help him out a lot.

192 days ago
56.

JoshPeckWasAlwaysBetter    

Serves the dumb mother****er right. Literally, how old is he? 36? 32? whatever. He's a grown "adult" attacking a 19 year old over Twitter. Literally come on now. That's beyond immature. Even if you people don't care for Justin, cmon now.. Drake Bell had no future after 'Drake & Josh' was over. Drake Bell is a complete ***got, and nobody likes him. He spends his time bashing artist's who are better than him, and always will be. How smart is that? Like. Please. Explain to us all, where Drake Bell gets his logic from.

192 days ago
57.

The Truth    

Should checkout the $25k grow room in that $1.5 mil house....Sick!

191 days ago
58.

August    

Rihanna's accountant sure does get around...

191 days ago
59.

jasonxmiller@yahoo.com    

Drake Bell is good looking, a decent singer and entertained the heck out of me and my sisters during his Drake and Josh days. This guy might need to surround himself with a new team.

191 days ago
60.

nick    

Lol star wow

191 days ago
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