“American Chopper” star Paul Teutul Sr. says he’s broke.
The reality TV star filed for Chapter 13 bankruptcy in New York on Feb. 28.
The Blast obtained documents that show Paul owns $1,801,729 in assets, and owes 50 creditors $1,070,893.44. Teutul said he makes $15,070.93 per month, but spends $12,612.
The website reports that he’s trying to “reorganize and restructure [his] debt without risk of losing assets.” Read more.
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