Teri Polo Files for Bankruptcy

Teri Polo has filed for bankruptcy.

The Fosters star’s Chapter 11 filing shows that she is nearly a million dollars in debt, with the bulk of that owed to the IRS along with some credit card debt, PEOPLE confirms.

The actress, 44, owes nearly $772,000 in income tax and almost $37,000 in credit card debt, according to her petition filed on April 14 with a Los Angeles court. She claims to have less than $50,000 in assets.