Duggar family bankrupt? Jim Bob and Michelle seek funds from fans after TLC cancels 19 Kids and Counting

The Duggar family is rumoured to have gone bankrupt after the cancellation of their reality TV show 19 Kids and Counting by TLC.

OK! magazine has reported that the family is asking fans to donate money in order to create family videos and release it for the masses through Duggar Studios.

On their official YouTube page, the evangelical Christian family is seeking funds so that their children can create "fresh quality content".

Their fund-raising move has has sparked rumours that the family may have gone bankrupt. However, Inquisitr has reported that the Duggar family has earned millions of dollars under their contract with TLC, as the show was one of the highest rated shows of the network.

Moreover, there are reports that suggest the popular family may have lost almost $25m (£16m) after the cancellation of the show. The family's fall from grace began with the Josh Duggar sexual molestation scandal, where the elder son of Jim Bob and Michelle was accused of molesting five under age girls including two of his own sisters.

The parents of 19 children were later accused of covering up the controversial issue, which attracted public outrage and subsequently led to the cancellation of the show.

This is not the first time that the family is seeking money in "charity". Earlier this month, Jill and Derick Dillard asked fans to donate money for their "charity mission" in Central America. The couple were also criticised for declining to clarify their missionary work citing security issues.