Nick Jonas father’s company files for bankruptcy

Popular singer, Nick Jonas might be doing great, but his father Paul Jonas’ company just filed for bankruptcy.

Priyanka Chopra may be on cloud nine after her engagement and roka ceremony with popular Hollywood singer/actor Nick Jonas, but here is some bad news for PeeCee and her future in-laws.

Nick Jonas father's 's company files for bankruptcy lailasnews (1)

According to a report in TMZ, Nick Jonas’ father and Priyanka Chopra’s future father-in-law, Paul Kevin Jonas, Sr.’s real estate company has filed for bankruptcy. The website got their hands on some legal documents which reveal that Papa Jonas’ construction and real estate company owes $1 million in debt that also includes $268,000 judgement from a case his company had lost.

Reports further suggest that the company is now planning to liquidate some company assets to collect cash.

Now, the question becomes, will Papa Jonas get bailed out by his wildly successful sons?

Considering the amount his sons, Nick, Kevin and Joe; and his future daughter-in-laws Priyanka and Sophie Turner earn, collecting the amount to pay the debt’s doesn’t sound like a difficult task.

While Nick is worth $25 million approx., his Brothers, singer Joe Jonas and reality star Kevin Jonas are worth $20 million and $18 million respectively. PeeCee, on the other hand is worth $28 million and ‘Game Of Thrones’ star Sophie Turner is worth $18 million approximately.

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