Jonas Brothers’ father Paul’s company files for bankruptcy as children continue to flourish2 min read

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Three of his sons have become some of the most successful entertainers on the planet.

But that success hasn’t translated to the Jonas Brothers’ father’s company, as it has filed for bankruptcy, reported TMZ.

Paul Kevin Jonas Sr., 53, owns a construction and real estate company in New Jersey.

Oh dear: The Jonas Brothers' father's company has filed for bankruptcy, reported TMZ

Oh dear: The Jonas Brothers' father's company has filed for bankruptcy, reported TMZ

Oh dear: The Jonas Brothers’ father’s company has filed for bankruptcy, reported TMZ

The outlet reported that according to legal docs they obtained, ‘Paul’s New Jersey construction and real estate company has over $1 million in debt, including a $268k judgement from a case his company lost.’

Adding, ‘In order to come up with the cash, Paul plans to sell off some of the company’s property.’

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But there is also a possibility that his affluent children might help him out.

Family trouble: Paul Kevin Jonas Sr., 53, owns a construction and real estate company in New Jersey

Family trouble: Paul Kevin Jonas Sr., 53, owns a construction and real estate company in New Jersey

Family trouble: Paul Kevin Jonas Sr., 53, owns a construction and real estate company in New Jersey

Nick Jonas is worth $25 million according to Celebrity Net Worth, while Kevin has a staggering $20 million.

Middle brother Joe may not be quite as well off as the other two, but he still has $18 million.

Even the family’s youngest child, Frankie, 17, is worth a reported $3 million says Married Biography.

All three former band members are continuing to have successful careers.

Kevin has a real-estate development, construction company called JonasWerner, and is the co-CEO of The Blu Market company,

Nick just apeared in Jumanji: Welcome to the Jungle, and has roles in two movies coming out in 2019.

Joe was a judge on The Voice Australia in 2018, was the voice of Kraken in Hotel Transylvania 3: Summer Vacation, and his band DNCE released a new EP in June.

Frankie, meanwhile, has taken a step back from the camera in recent years.

Help from a friend? there is also a possibility that his affluent children might help him out

Help from a friend? there is also a possibility that his affluent children might help him out

Help from a friend? there is also a possibility that his affluent children might help him out