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Nick Carter's kid brother Aaron files for bankruptcy

Aaron Carter

Singer Aaron Carter poses on the red carpet at the 52nd annual Grammy Awards in Los Angeles January 31, 2010. REUTERS/Mario Anzuoni (MUSIC-GRAMMYS/ARRIVALS) (UNITED STATES - Tags: ENTERTAINMENT)

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

RELATED PHOTO: Aaron Carter Gets Jumped After NKOTB Show

"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."

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