"Ms. McCutcheon petitioned for her own bankruptcy at Kingston-Upon-Thames County Court," the BBC quoted David Standish, who was appointed joint trustee in bankruptcy of McCutcheon by the Secretary of State, as saying Tuesday.
"We are now responsible for administering her estate and are in the process of establishing the individual's assets and liabilities; the largest creditor being Her Majesty's Revenue and Customs."
In addition to being an actress, McCutcheon, 36, had a hit with the song "Perfect Moment" in 1999, won a Laurence Olivier Award for her portrayal of Eliza Doolittle in the stage musical "My Fair Lady" in 2002 and published the bestselling novel "The Mistress" in 2009.
The BBC said McCutcheon's management declined to comment on the star's financial situation, such as how much she owes and what happened to the money she earned for her various endeavors.
Notable deaths of 2014 [PHOTOS]