Model-turned-actress Angie Everhart has filed for bankruptcy.

A representative for The Last Action Hero star has told U.S. news show Extra the actress has fallen on hard times after battling thyroid cancer.

He explains, "Her recent bout with thyroid cancer, from which she has thankfully fully recovered, caused her to incur voluminous medical expenses and prevented her from working for some time."

But there's hope for Everhart - the rep adds, "Now able to work again, she is confident that the restructuring will get her back on her feet financially."

Everhart underwent successful cancer surgery in May (14).