'Baywatch' Star Nicole Eggert -- Staying Afloat ... Sells L.A. Mansion To Pay Massive Debt

Staying Afloat ...

Sells Mansion To Pay Massive Debt

EXCLUSIVE

Former "Baywatch" babe Nicole Eggert is drowning in debt ... but a bankruptcy court judge just threw her a huge lifeline and green lit the sale of her mansion to pay off mounting bills.

According to real estate sources Nicole unloaded her 3 bed/2/bath 9,016 sq. ft. Studio City home for a cool $1.15 mil. Most of that is going toward the $805k she still owes on the house she originally snagged for $835k. 

In 2013 Eggert filed for bankruptcy and this year she asked a judge to let her to sell off the pad to cover her debt and get a fresh start. She got the thumbs up on April 8th and sold a few days later.