Actor Mekhi Phifer is apparently in a financial tailspin.

The actor, most recently seen in Lifetime’s “A Day Late and a Dollar Short,’ has reportedly filed for bankruptcy, according to TMZ.

He submitted court papers in April, claiming his debts have spiraled to $1.3 million – including $1.2 million in back taxes, $50,000 on lawyer fees and another $4,500 in child support.

In court documents obtained by TMZ, Phifer states he has $67,000 in assets and spends $11,600 a month.

Phifer has two sons from previous relationships.