According to court documents obtained by TMZ, actor Mekhi Phifer is having some serious financial troubles.

Phifer filed for bankruptcy on last month, claiming roughly $67,000 in assets, his total debt?  Around $1.3 Million. Yikes...

The 'E.R.' star says he spends about $11,600 in monthly expenses, but only makes $7,500.

In addition to his $1.2 million in back taxes, he owes $50K in lawyer bills and $4,500 in back child support for his two sons from previous relationships.

Below is a small list of the actors assets:

- Leather Bed

- 12-year-old Segway (valued at $1,5000)

- 1 Shotgun and 2 9mm pistols