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Teri Polo files for bankruptcy

Kristyn Burtt is an LA-based entertainment reporter who has covered everything from 'Dancing With the Stars' to the Oscars. If she’s not on the red carpet, she’s at home in yoga pants watching Netflix and eating potato chips.

She owes a ton of money

Teri Polo is facing some major financial difficulties despite her successful career. She filed for Chapter 11 bankruptcy last week.
She owes a ton of money
Photo credit: Apega/

Teri Polo isn't prepping for a new movie role — she's currently trying to get herself out of some serious debt. According to TMZ, the Meet the Parents star filed for Chapter 11 bankruptcy last week.

The gossip site reported that the 44-year-old actress owes nearly a million dollars to her creditors. The list of debt includes $772,000 in back taxes to the IRS and over $36,000 in credit card bills.

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That isn't the only trouble she is currently facing. Her former landlord and celebrity lawyer, Ed McPherson, is suing Polo for $30,000 for damages to his Los Angeles home that she was renting. He filed the lawsuit back in early February.

The $7,000-per-month rental was left in shambles with dog feces in the yard, pet urine soaked into the carpets and moldy food left in an unplugged fridge. McPherson also claims she stole a new set of blinds from the home.

Polo had great success with Meet the Parents, which was her breakout film back in 2000. The film yielded two sequels including Meet the Fockers in 2004 and Little Fockers in 2010. She has had consistent work throughout her acting career, so this turn of financial events is a bit surprising to many fans who follow her career.

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Polo currently stars on ABC Family's The Fosters in addition to having two films in the can, the currently playing Authors Anonymous and the upcoming film A Bit of Bad Luck.

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