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

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Former glamor model Katie Price is due to appear in the Royal Courts of Justice in London amid her staggering £3.2million debt after declaring bankruptcy in December 2019

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Katie Price gets bankruptcy advice in 2020

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

The 44-year-old glamorous ex-model, real name Katrina Amy Alexandra Alexis Price, is on the list at the Royal Courts of Justice in London on Tuesday, June 7.

It has not yet been confirmed whether the mother of five, who is due to appear in court at 10.30am, will appear in person or via video link.

The nature of tomorrow’s hearing is not yet known, according to The Sun.

At Katie’s February hearing, the court heard the former glamor model was not “fully committed” to repaying her creditors following her bankruptcy.







Katie Price would be in court tomorrow over her staggering £3.2million debt repayment
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Image:

Ken McKay/ITV/REX/Shutterstock)








Katie’s debts amounted to £3.2million
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Image:

Anadolu Agency via Getty Images)


In recent years, Katie’s debts have amounted to £3.2million.

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

She agreed to set up an Individual Voluntary Arrangement, or IVA, in a bid to take control of her finances and avoid bankruptcy – but a year later it became clear the plan hadn’t worked after she hasn’t made her monthly payments.

The star, who was at one point worth more than £45million, has enjoyed lavish vacations and cosmetic surgeries in recent months despite going bankrupt.







Katie declared bankruptcy in December 2019
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Image:

mirror.co.uk)


Earlier this year, Katie and her beau Carl Woods flew on a luxurious vacation to Thailand.

It came just weeks after Katie underwent a number of cosmetic procedures – including her 14th boob job – which reportedly caused her to lose thousands of pounds.

Despite her bankruptcy, Katie attempted to rake the dosh this year by launching another comeback through her TV show Katie Price’s Mucky Mansion.

On top of that, she set up an OnlyFans page earlier this year in a bid to earn even more money.

Katie was reportedly very hopeful that her career venture OnlyFans would put an end to her money troubles – but she hasn’t been so lucky as she continues to cut prices in a bid to sell hotter snaps.







Katie created her OnlyFans earlier this year
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INSTAGRAM)


Pal and fellow OnlyFans content creator Kerry Katona were a famous face to publicly praise the on-the-go mum-of-five – saying she was “the one who encouraged her to do it”.

The moment Katie created her X-rated account, and the insider claimed her only regret was “not doing it [OnlyFans] years ago” and confessed that the former icon was eager to earn as much as his pal Kerry on the site.

“Kerry [Katona] been very supportive,” the source told The Sun.

“She earned £1m in her first year on OnlyFans. And Katie hopes to earn at least that much too.

Katie now currently owes her creditors £3.2million, having been declared bankrupt in December 2019.

The Mirror has contacted representatives for Katie to comment on this story.

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