CELEBRITY
02/12/2014 12:05 pm ET Updated Feb 13, 2014

Nickelodeon Star Drake Bell Reportedly Files For Bankruptcy

Nickelodeon star Drake Bell has reportedly filed for bankruptcy.

The 26-year-old made $408,000 in 2012, but only $14,099 in 2013, according to TMZ. Court documents obtained by the website state he takes in $2,820 a month, but has expenses reaching $18,771.

His debts reportedly total a whopping $581,000. He also supposedly owes back taxes.

RadarOnline.com reported in May that Bell had listed his Los Angeles home for $1.4 million. In August, Zillow reported the Los Feliz home was in the process of foreclosure.

A representative for the actor could not be immediately reached for comment.

Bell is best known for his work on Nickelodeon sitcom "Drake & Josh," which ended in 2008. From there, he voiced various animated characters, including Peter Parker in the "Ultimate Spider-Man" TV series. His IMDb profile indicates he has multiple projects in production, including "L.A. Slasher" with Mischa Barton.

Last month, he gave a Reddit AMA and said he wants to work on a new "Drake & Josh" movie. He claimed it was in the process of being written, but asked fans to take to social media and "make it blow up."

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