Katie Price denies ‘lavish lifestyle’ as she videos into bankruptcy hearing from Maldives
Katie Price appeared at a bankruptcy hearing over Skype from her holiday in the Maldives as she was probed over concerns she’s splashing cash rather than paying off her debts
Katie Price has insisted she does not live a ‘lavish lifestyle’ as attend her bankruptcy hearing remotely from her Maldives getaway.
Katie appeared at the hearing at London’s The Rolls Building over Skype as she’s still on the five star holiday with her beau Carl Woods.
The former glamour model, 42, told the hearing ’90 per cent’ of her trips are for business and her current five star getaway is a ‘work assignment’.
Katie is being probed over concerns she is splashing out on expensive holidays and luxury goods, rather than paying off her debts.
The mum has enjoyed six holidays since she was declared bankrupt last November, travelling to Thailand, Spain, France, Turkey and on a cabin getaway with boyfriend Carl Woods, 31, before the couple jetted off to the Maldives earlier this month.
Last week the Mirror revealed that Liquidators for Jordan Trading Limited, her failed firm which amassed debts of £267,769, now fear she is a financial risk to her creditors.
Official documents for the firm said: “The liquidators confirm they have submitted a report on the conduct of the directors of the company to the Department for Business, Energy and Industrial Strategy.”
Katie was due to be discharged from her bankruptcy in November, and in the meantime is supposed to pay any money she makes from selling her belongings or from paid work to her creditors.
Officials can extend her bankruptcy to recover assets and could ban her from becoming a company director for 15 years.
At a bankruptcy hearing in July, Katie said: “I haven’t got anything left, everything has been stolen off me.”
She also said she had been burgled, can’t get insurance, had a “bad breakdown” last year and spent five weeks in rehab at the Priory.
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