Drake Bell is bankrupt. Bell, famous for the Nickelodeon hit "Drake & Josh," has submitted legal documents reporting that he is $581,000 in debt.
According to the file obtained by TMZ, Bell, 27, is earning $2,820 per month, but has monthly expenses of $18,771.
His property is valued at $1.575 million, but he owes $1.597 million on it.
According to several reports, Bell made $408,000 in 2012, but only $14,099 in 2013.
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