He was formally discharged this week after 12 months of being broke – despite earning £250,000 on Britain’s No1 soap.
Le Vell is now able to rebuild his life and can open a new bank account after his previous account was frozen last year.
The actor, who plays mechanic Kevin Webster, was declared bankrupt after debts spiralled out of control following his divorce. But official records show Le Vell had the order, under his real name of Michael Robert Turner, lifted on January 8.
A pal said: “Michael is over the moon that this hell has finally ended.When the bankruptcy was disclosed last year, HMRC were named as the petitioner in the High Court. Sources at the time revealed his outstanding bill was “a six-figure sum”.
He had been forcced to fork out £200,000 in legal fees in a trial over child abse claims in 2013. He was found not guilty but Ministry of Justice rules prevent people who can afford their defence from receiving tax-funded paybacks after the case.