Aaron Carter is the latest celebrity to have money trouble. It was revealed today that Nick Carter's kid brother has filed for bankruptcy.

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"Aaron filed for Chapter 7 Bankruptcy protection to alleviate past issues in an effort to move forward with his life and career," the 25-year-old singer's rep told ET in a statement. "The overwhelming majority of the debt he is asking to be discharged is from more than 10 years ago when he was a minor and not in control of his finances."

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According to Carter's bankruptcy documents, which were filed in Port Richey, Fla., he has between one and $10 million in "estimated liabilities."