Being bankrupt is not bad but how you handle yourself during that period 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 heartthrob Aaron Carter apparently missed the message that you have to pay your taxes. When the singer filed for bankruptcy in 2013 he was $2 million in debt, mostly due to money owed to the IRS.
His publicist blamed those who were in charge of managing Carter’s finances when he was still a minor for his predicament.
Whatever the source of his financial woes, there was little doubt that Carter was broke by the time he resorted to bankruptcy. His paltry assets included a flat-screen TV, a Louis Vuitton backpack, and $917 in his checking account.