You may see Pamela Anderson wearing nothing but bedsheet-looking clothes, but she’s not bankrupt. Despite rumors that the Baywatch star owes more than $1 million to contractors, Anderson is claiming she’s not bankrupt.

Anderson said in a statement Monday, “I’m financially secure and I want to thank everyone who expressed concern for me based on these rumors. I am actually touched at how much concern has been expressed for me over this. It is true that I am in a dispute with some of the contractors working on my home. This is because after paying millions of dollars to build the house I continue to get bills from the contractors.”

LA County records show that five construction companies have filed liens for unpaid bills for remodeling work done on Pamela’s Malibu home. One company even claims that Anderson owes $674,043 alone for “labor and materials … to remodel main house, construct swimming pool, construct foundations for guest house.”

Pam answered the claims by saying, “My lawyers are reviewing the work done to see if the bills are fair. If they are, they’ll be paid. If they aren’t, they won’t be. I am just sorry [one of the contractors] went to the press, especially when I was working out of the country.”

However, county records also show that Anderson owes $252,360.39 in back state taxes and penalties for 2007. She admitted it, however, saying “On a separate issue, mistakes may have been made in calculating taxes owed and we are now in the process of ensuring that any taxes owed are paid.”