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Nickelodeon Star, Drake Bell, Files Bankruptcy

Drake Bell, best known for his role on the Nickelodeon sitcom “Drake & Josh”, which aired from 2004 through 2008, has filed for bankruptcy protection. Although the 26-year old reportedly earned $408,000 in 2012, he only made approximately $14,000 in 2013. This drastic decrease in earnings and back taxes in the amount of $46,000 contributed to his bankruptcy filing.
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Drake Bell, best known for his role on the Nickelodeon sitcom “Drake & Josh”, which aired from 2004 through 2008, has filed for bankruptcy protection. Although the 26-year old reportedly earned $408,000 in 2012, he only made approximately $14,000 in 2013. This drastic decrease in earnings and back taxes in the amount of $46,000 contributed to his bankruptcy filing.

Drake Bell, best known for his role on the Nickelodeon sitcom “Drake & Josh”, which aired from 2004 through 2008, has filed for bankruptcy protection. Although the 26-year old reportedly earned $408,000 in 2012, he only made approximately $14,000 in 2013. This drastic decrease in earnings and back taxes in the amount of $46,000 contributed to his bankruptcy filing.

According to Bell’s filings, his real estate holdings are valued at $1.575 million and he owns $10,500 in personal property, but his debts are estimated to be $2.166 million.

Bell has also been the voice of several animated characters, including Peter Parker in the “Ultimate Spider-Man” TV series. He has indicated he wants to work on a new “Drake & Josh” movie and has requested fans to use social media to make it happen.

If you are considering filing for bankruptcy, please keep in mind that every case is different. If you have questions about filing a personal bankruptcy or how a Chapter 7, 11 or 13 could benefit you, and would like to schedule a no-cost consultation, please contact our office by completing the form on this website or calling us at 954-466-0541.

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