Is Priyanka Chopra’s future father-in-law over $1 million in debt?

Priyanka Chopra’s fiancé Nick Jonas’s father, Paul Kevin Jonas Sr, is facing some major financial trouble, if a report in TMZ is to be believed. Apparently, his construction and real estate firm has filed for bankruptcy.

The New Jersey-based company has over $1 million in debt, according to legal documents obtained by the website. Of this $268,000 is to be awarded as compensation in a case that the company lost. Jonas Sr plans to put up some of the company’s assets for sale, in order to come up with the money.

Last month, Nick and Priyanka made it official by getting engaged in a traditional roka ceremony at the actress’s residence. Nick’s parents Paul Kevin Jonas Sr and Denise Miller-Jonas flew down to attend the function, and warmly welcomed Priyanka to the family.

Rumour has it that the loved-up couple will tie the knot sometime next year. However, in an recent interview, Priyanka’s mother Madhu Chopra shut down all speculation about the wedding.

“They haven’t decided on a wedding date yet. It’s too soon. These are just baseless rumours. Both of them have work commitments right now which they need to finish. They will take some time to decide where they want it and when they want it,” she said.

ALSO SEE: Priyanka Chopra is all kisses for fiancé Nick Jonas

ALSO WATCH: Priyanka Chopra and Nick Jonas get engaged in Mumbai. Watch video
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