Drake Bell has filed for bankruptcy, according to court documents obtained by E! News.
The former Nickelodeon star requested Chapter 7 in May 2013.
According to the filing, the Drake & Josh actor owns $1.575 million in real estate and $10,500 in personal property, but has debts of around $2.166 million. Of those debts, he owes more than $46,000 to the IRS.
The 27-year-old also claims to make an average income of $2,820 and has monthly expenses that total more than $18,000.
Bell most recently made headlines for voicing his opions about Justin Bieber's egg-gate investigation as well as his recent DUI arrest.
"...become a part of the movement!!!" Bell tweeted shortly after the Miami incident, along with a link to the inevitable "We the People" petition, encouraging President Barack Obama to have Bieber deported back to his native Canada.
He also competed on the ABC hit reality series Splash and will next be seen in the films Jungle Shuffle and L.A. Slasher.
—Reporting by Claudia Rosenbaum