from www.thehollywoodgossip.com – No wonder Devon James has been conjuring up every lie in the book in an effort to squeeze money out of former lover Tiger Woods: She’s bankrupt!

The Florida porn star selling an alleged Tiger Woods sex tape, which she claims she was offered $300,000 for the rights to. Guess that wasn’t true.

Bankruptcy papers Devon and husband Nick James filed under penalty of perjury list their assets at zero to $50,000. No mention of any Tiger tape.

The brazen Devon James, who falsely claimed Tiger Woods was the father of her love child Austin earlier this year, is actually $231,124.01 in debt.

Amazingly, they are still accepting orders on tigertapexxx [dot] com and are still advertising “Devon James and Tiger Woods Sex Tape On Sale Now.”

They claim on the site, which accepts payment via Visa, MasterCard and PayPal, that the tape will be released Nov. 15. It was previously Nov. 1.

Astonishingly, Devon and Nick have no proof the tape exists. Any asset as valuable as a Tiger Woods sex tape would be listed on Chapter 7 papers.

Despite hawking a tape of “Tiger Woods playing all the holes” on his girl, Dev says she has zero intellectual property. So basically, she’s a fraud.

Teneal Goyco, who said he was Tiger’s doppel-banger and that Devon paid him $1,000 to star in the faux Tiger tape, pretty much cleared that up.

This should confirm it beyond any doubt, however.