The father-and-son tandem, Paul Teutul Sr. and Paul Teutul Jr., are gearing up for their big television comeback. After a six-year break, the Teutuls' hit reality show, "American Chopper," will premiere a brand-new season by the end of this month on Discovery.

Despite the show's huge fanbase, it turns out that the Teutul family has been having a rough time in the recent months. Paul Teutul Sr. is reportedly bankrupt and has a ton of unpaid debts. Will the "American Chopper" reboot save his financial woes?

Paul Sr. files for bankruptcy as debts pile up

According to a report by Page Six, Paul Sr. actually filed for bankruptcy last February.

In his financial statement, the 69-year-old bike builder claimed that he is earning only $15,530.81 per month as opposed to his monthly expenditures of $20,129.17.

He reported that he only has a total of $24,115.40 in two separate bank accounts plus another $20,425.35 in pension. While Orange County Choppers, Inc. is still in business, Paul Sr. revealed that his debts, coming from business deals and credit card bills, amounted to $66,777.55. On top of this, the "American Chopper" star has eight lawsuits filed against him.

Paul Sr. lists his foreclosed home for sale

To make matters worse for Paul Sr., his 38-acre country estate in Montgomery, New York has been foreclosed and is now up for sale. The massive property reveals the reality star and businessman's glory days. The log cabin-style house sits on a manicured garden, surrounded by trees and lush greenery.

It has three bedrooms, three baths, and fitted with expensive amenities. There's a koi pond, custom in-ground pool with waterfall, and several garages perfect for a motorcycle king. The property is listed through Ellis Sotheby's International Realty and is selling for $1.9 million.

'American Chopper' reboot premieres this month

Paul Sr.'s saving grace could be the "American Chopper" reboot every bike aficionado is waiting for. Both Paul Sr. and Paul Jr. are said to be excited about the return of their reality show and have been promoting it repeatedly on social media.

The original "American Chopper" followed the lives and family business of Paul Sr. and his sons. It also candidly followed the love-hate (mostly hate) relationship of Paul Sr. and Paul Jr., who always clashed when it comes to bike designs and how to run the business. It ran from 2003 to 2010, when the father-and-son duo decided to part ways. A spin-off, "American Chopper: Senior vs. Junior," aired shortly after and ran for two years.

While it has been reported that the two Pauls have now patched things up, they opted to keep their separate businesses and have not worked together on a project ever since. The reboot's preview episode, entitled "Welcome Back," showed the father-and-son finally reuniting to restore a vandalized bike.

"American Chopper" premieres on May 28, 10 p.m. on Discovery [VIDEO].