Drake Bell, Nickelodeon Star, Files for Bankruptcy: Report

Celebrity News Feb. 12, 2014 AT 11:50AM
Drake Bell hosts The Pool After Dark at Harrah's Resort on June 8 Nickelodeon star Drake Bell has reportedly filed for bankruptcy, claiming he's $581,000 in debt. Credit: Tom Briglia/FilmMagic

Drake Bell needs some help with his finances. The 27-year-old Nickelodeon star has filed for bankruptcy, TMZ reports.

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The Drake & Josh alum claims in the filing that he's $581,000 in debt. Bell allegedly makes $2,820 a month, but has a whopping $18,771 in expenses. He lists the value of his house at $1.575 million, but owes $1.597 million. Bell also says he made $408,000 in 2012, but only $14,099 in 2013.

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In addition to continuing to play the voice of several animated characters on TV shows, Bell has been focusing on his career in music. Last month, he released the single "Bitchcraft" from his upcoming album.

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Bell's bankruptcy news follows his public bashing and criticism of teen heartthrob Justin Bieber. Bell took to Twitter to comment on Bieber's recent trouble with the law for allegedly egging a neighbor's house.

"@justinbieber instead of egging speeding around your neighborhood and defacing property like a little s--t you should practice your guitar!!" he tweeted on Jan. 16 and later deleted, according to Gossip Cop.

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