Being bankrupt is not an unusual thing but how the situation is managed is what matters, lots of celebrities, businessmen and politicians have filed for bankruptcy in time past.
Here are celebrities who went bankrupt:
One-time teen sweetheart, Aaron Carter apparently missed the message that you have to pay your taxes. When he filed for bankruptcy in 2013, he was $2 million in debt, mostly due to money owed to the IRS.
His publicist had those who were in charge of managing Carter’s finances when he was still a minor to blame for his predicament.
Whatever the source of his financial woes was, Carter was broke by the time he resorted to bankruptcy. His paltry assets merely included a flat-screen TV, a Louis Vuitton backpack, and $917 in his checking account.