Katie Price faces court tomorrow over £3.2m in debt after declaring bankruptcy

Former glamor model Katie Price will appear at the Royal Courts of Justice in London as she is saddled with £3.2million in debt after declaring bankruptcy in December 2019

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Katie Price is advised to go bankrupt in 2020

Katie Price will face court tomorrow over her staggering £3.2million in debt.

The former glamor model, 44, whose real name is Katrina Amy Alexandra Alexis Price, appeared on the list for the Royal Courts of Justice in London on Tuesday 7 June.

It has yet to be confirmed whether the mother of five, who will appear in court at 10:30 a.m., will appear in person or via video link.

The nature of tomorrow’s hearing is still unknown, according to Sun.

During Katie’s February hearing, the court heard the former glamor model allegedly failed to ‘participate fully’ in repaying creditors following her bankruptcy.







Katie Price is said to face court tomorrow over her staggering £3.2million repayment
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Picture:

Ken McKay / ITV / REX / Shutterstock)







Katie’s debts have reached a staggering £3.2 million
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Picture:

Anadolu Agency via Getty Images)

In recent years, Katie’s debts have reached a staggering £3.2million.

Back in December 2019 Katie, formerly Jordan, declared bankruptcy a year after agreeing to pay £12,000 a month to creditors to get out of debt.

She agreed to set up an individual voluntary arrangement, or IVA, to try to take control of her finances and go bankrupt – but a year later it became clear the plan wasn’t working after she failed make its monthly payments.

The star, once worth more than £45 million, has enjoyed lavish holidays and plastic surgery in recent months despite going bankrupt.







Katie declared bankruptcy in December 2019
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Picture:

mirror.co.uk)

Earlier this year, Katie and her mistress Carl Woods traveled to Thailand on a luxury vacation.

It comes just a few short weeks after Katie underwent a number of cosmetic procedures – including a 14th boob – that are said to set her back thousands of pounds.

Despite bankruptcy, Katie managed to cash in on this year by launching another comeback through the Katie Price’s Mucky Mansion TV show.

In addition, she founded OnlyFans at the beginning of the year in an effort to earn even more money.

Katie is said to have been very hopeful that her OnlyFans career would put an end to her money troubles – but she wasn’t so lucky as she continued to slash prices to sell more gifts. more attractive.







Katie founded her OnlyFans at the beginning of the year
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Picture:

INSTAGRAM)

Pal and OnlyFans content creator Kerry Katona are among the famous faces who have publicly congratulated the mother of five on the move – claiming she is “the one who encouraged her to do it”.

By the time Katie set up her X-rated account, and insiders claimed that her only regret was ‘not doing it. [OnlyFans] years ago’ and confesses that the former Page 3 icon wants to make as much money as her friend Kerry does on the site.

“Kerry [Katona] was really supportive,” the source told The Sun.

“She made £1m in her first year on OnlyFans. And Katie hopes to make at least that.

Katie currently owes creditors £3.2 million after being declared bankrupt in December 2019.

The Mirror has reached out to Katie’s rep for comment on this story.

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https://www.mirror.co.uk/3am/celebrity-news/katie-price-faces-court-tomorrow-27162808 Katie Price faces court tomorrow over £3.2m in debt after declaring bankruptcy

Fry Electronics Team

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