The Jonas Brothers are doing great, however, it looks like their father is facing some serious financial problems. Nick Jonas' father, Paul, is facing financial problems. His construction and real estate company has filed for bankruptcy. As reported by an American entertainment portal, which has access to the legal documents, the debt is of USD 1 million, including a USD 268K judgment from a case his company had lost, reported TMZ.

Priyanka Chopra's future father-in-law is planning to sell most of his assets to pay the debt. Nick and musician brothers Joe and Kevin are also likely to bail daddy dearest out.