The former EastEnders star, who dates former co-Walford star Kara Tointon, had a "tax issue" and a bankruptcy order was made this week - however the I'm A Celebrity... Get Me Out Of Here! winner aims to discuss the matter with the Official Receiver when the payment is settled to reverse the order.
Joe's agent said: "There was a tax issue for which the final payment is imminent and once made discussions will be held with the Official Receiver to seek to reverse the bankruptcy order - everyone has to pay tax and Joe knows he is no exception."
Joe won last year's series of ITV's I'm a Celebrity and has headed to Australia to work with the team on this year's show.
The actor, who starred as Albert Square's Micky Miller, can currently be seen appearing with actress Pamela Anderson in Living TV's Pamela Anderson: At Home With Joe.