Drake Bell, the former star of the Nickelodeon hit show "Drake & Josh," has filed for bankruptcy, reports TMZ.
Bell, 26, filed documents claiming he's $581,000 in debt. The actor and musician says he has an income of just $2,820 a month, but his expenses come to $18,771.
Bell claims he pulled in $408,000 in 2012, but only $14,099 the following year. He also reportedly owes quite a bit of money to the IRS.
Source: tmz.com