Embarrassed model reinstated (10)
I believe the answer is:
straitened
'embarrassed' is the definition.
(thesaurus)
'model reinstated' is the wordplay.
'model' is an anagram indicator.
'reinstated' is an anagram of 'STRAITENED'.
(Other definitions for straitened that I've seen before include "having financial difficulties" , "In financial distress" , "suffering financial hardship" , "Financially stretched" .)