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Drake Bell from 'Drake & Josh' files for bankruptcy

Drake Bell files for bankruptcyFormer Nickelodeon child star Drake Bell, of the sitcom "Drake & Josh," has filed for bankruptcy. TMZ.com, citing legal documents, reported Wednesday that the actor-musician is $581,000 in debt, and that while his house is valued at $1.575 million, he owes $1.597 million on it. His filing said he earns $2,820 a month, with expenses totaling $18,771, and went from making $408,000 in 2012 to $14,099 the following year. His primary acting work over the past two years is occasional voice-overs for Marvel Comics animated TV shows.

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