Pop artist Aaron Carter recently sought bankruptcy protection due to a debt of more than $2 million, a majority of which was unpaid back taxes, an article from CNN reported on Friday, November 22.
According to the bankruptcy petition filed by Carter, the former teen sensation owed at least $1.3 million of unpaid taxes to the Internal Revenue Service. Aaron, who admitted to being broke, has an personal property estimated to be worth $8,200 and less than $1,000 in his checking and savings accounts.
Aaron’s publicist Steve Honig said the pop star is moving forward and this choice was a positive move for him.
Sadly, as our team at Greenway Bankruptcy Law, LLC, knows, many people in Birmingham are needlessly suffering from the anxiety of having an overwhelming amount of debt. For those in this situation, bankruptcy might be a viable option to address the debts and get a fresh financial start. Call (205) 324-4000 to discuss your financial situation and what legal options are available to you.