Pamela Anderson reportedly owns over $1.2 million to creditors which includes the construction companies she didn’t pay after they remodeled her five-bedroom Malibu Colony home!  Read more on Pam’s financial woes below.

The former Baywatch babe is having major financial issues.

“A lot of people are owed a lot of money,” Jay Bruder, boss of Bruder Construction, told Star magazine. And none more than him! In June, he filed a $674,043 lien against Pam for the cost of “labor and materials and subcontractors to remodel main house, construct foundations for guest house.”

Pam also owes $252,360 to California’s Franchise Tax Board in unpaid income tax from 2007.

Jim Brown, the president of Mini-Haulers, which hauled off the construction debris from Pamela’s house, said that Pam’s failure to pay his $1,975 bill has affected his family. “Putting food on the table isn’t easy in this economy. When someone doesn’t pay their bills, it’s that much harder!”

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Images: Wenn.com

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