Drake Bell Bankrupt: Drake & Josh Star Is Over $2M in Debt

He filed for bankruptcy back in May 2013

   

Drake Bell Bankrupt: Drake & Josh Star Is Over $2M in Debt

Nickelodeon star Drake Bell filed for Chapter 7 bankruptcy in May 2013.

Drake Bell 300x253 Drake Bell Bankrupt: Drake & Josh Star Is Over $2M in Debt
Source: Flickr

E! News got its hands on court documents regarding Bell filing for bankruptcy. The filing shows that the Drake & Josh star has a pile of debts that sits at around $2.166 million including a $46,000 debt to the IRS.

Drake Bell owns $1.575 million in real estate and $10,500 in personal property. He also claims to make an average income of $2,820 but his monthly expenses surpass the $18,000-mark.

The Drake & Josh actor recently spoke out against Justin Bieber after the pop star’s DUI arrest. He was part of the petition to deport Bieber back to Canada.

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Article printed from InvestorPlace Media, http://investorplace.com/2014/02/drake-josh-drake-bell/.

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