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Former 'Bachelor' Aaron Buerge Speaks Out on Bankruptcy Filing

By Alexis Sezar on February 18, 2011

Aaron Buerge, bankruptcy, bankrupt, broke, pictures, picture, photos, photo, pics, pic, images, image, hot, sexy, latest, new, 2011HOLLYWOOD, Calif. — Former Bachelor Aaron Buerge is speaking out after filing for Chapter 7 bankruptcy last week.

In an interview with People magazine, the banker and restaurant owner said his problems were aggravated by the collapse of a bank that held a loan for his restaurant business – a loan that the new note-holder wanted him to pay back more quickly than he had planned.

"I'm not broke," the Season 2 star insisted to the mag. "I'm not in financial distress – nothing like that. Otherwise, I wouldn't be paying everybody."

In fact, Buerge said all of his businesses are operating normally as he pays back the loan in question.

"We've been making payments … every month, but they've just been pushing to come after some private assets that I might have," he said.

Now a married father of an 18-month-old girl, Buerge said protecting his loved ones is his top priority.

"I'm more focused on my family than on continuing to pay to fight the lawsuit for who-knows-how-long," he said. "I'm a family guy now. That kind of changes a guy's priorities in life."