Pamela Anderson Bankrupt Due to $1.2 Million in Debt!!!

Pamela Anderson

Being beautiful is not always enough! Beauty can not keep Pamela Anderson away from being bankrupt, for example. The former 'Baywatch' star is more than $1.2 million in debt. According to Star Magazine, the problems have started when the big breasts actress  failed to pay several construction companies for renovating her Malibu home in 2008.
"She remodels her home in Malibu, then turns around and doesn't want to pay anyone. It's ridiculous! Everyone did their job and expected to be paid, but it hasn't happened. I have a family, and putting a food on the table isn't easy in this economy. When someone doesn't pay their bills, it's that much harder", Jim Brown, the president of Mini-Haulers tells Star. Brown says that Pam owes his company $1,975 for their service.
Another claim comes from Jay Bruder of Bruder Construction fumes. It turns out that Pam refused to pay him $674,043 dollars for "labor and materials and subcontractors to remodel main house, construct swimming pool, and construct foundations for [her] guest house".
And that is not all! The 42 years mother of two also owes $252,360 dollars to California's Franchise Tax Board in unpaid taxes accrued over two years. Additional liens against Pamela include: $87,696 by Donald J. Scheffler's Construction, $83,732 by Powerhill Electric, and $40,161 by Broadway Air Conditioning Heating & Sheet Metal.
The problem is that, besides appearing on the Australian reality series 'Big Brother', a spokesmodel deal with designer Vivienne Westwood, the last year’s E! reality series 'Pam: Girl On The Loose' and of course, dating an electrician, Pamela Anderson spent the last two years doing nothing. Due to that fact, she might be forced to sell her $6 million Malibu mansion to cover her debts.