Updated

Former "Charles in Charge" actor Willie Aames has filed for bankruptcy, TMZ reports.

According to Aames' bankruptcy filing in Kansas (where he lives), the actor, who played Buddy on the sitcom, received only $14,000 for being on VH1's "Celebrity Fit Club" and $15,000 for his book "Grace is Enough" about his struggles with drugs and money.

He owes about $350,000, according to TMZ.

Click here for the TMZ report