Top 10 ‘American Chopper’ Behind-The-Scenes Facts

4 Declaring Bankruptcy

Paul Sr. was able to get the good news that “American Chopper” would be getting a reboot in 2018. It looked like things were looking up for him. While things were looking great for Paul Sr. while his show was on the news, things quickly turned sour after he went off-air for so many years. Teutul had to file bankruptcy the night his show aired.

Even though the family was optimistic about their future, Paul Sr. realized that his past mistakes had cost him. He owed over 50 creditors more than $1 million. Paul Sr. had a net worth of $1.8 million and bankruptcy seemed the only way to get out of his hole.