The family of singer Nick Jonas, Priyanka Chopra’s fiancé is going through some troubling times. News has come in that Nick’s father Paul has filed for bankruptcy. According to a report by TMZ, Nick Jonas' father and Priyanka Chopra's future father-in-law's real estate company has filed for bankruptcy. TMZ reported that the legal documents obtained by the gossip website reveal that Paul Jonas' construction and the real estate company owes $1 million in debt that also includes $268,000 judgement from a case his company lost.
Reportedly, Paul Jonas plans to liquidate some company assets to come up with some cash. DNA further reports that, weathering this financial storm will not be an issue for Papa Jonas if his kids, the famous Jonas Brothers, or the new members of the family such as future daughters-in-law Priyanka Chopra and Sophie Turner decide to pitch in. Moreover, Nick Jonas himself is reportedly worth $25 million. His last film, Jumanji: Welcome to the Jungle, was a blockbuster. His brothers, singer Joe Jonas and now a reality star Kevin Jonas are worth $20 million and $18 million respectively.