Katie Price given bankruptcy reprieve for third time as ‘case is moved to 2023’
Katie Price has swerved bankruptcy for the third time this year after her case was reportedly moved to February next year
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Katie Price gets fillers in her lips
Katie Price has seemingly swerved bankruptcy proceedings for a third time this year, with her court case reportedly being moved to February 2023.
The 43-year-old former glamour model was due to face a judge over the £3.2million bankruptcy debts she has but the hearing, which was reportedly meant to have taken place at London’s Royal Courts of Justice on June 7, has now been pushed back into next year.
The reality star may have expected a difficult time in court after it was claimed that liquidators handling the paying of creditors said that she has not been “engaging fully” with the process.
Katie Price has reportedly had her bankruptcy hearing rescheduled again
( Instagram/ @katieprice)
The Sun has claimed that Katie’s hearing has been listed again for February 9, 2023.
The Mirror has contacted London’s Royal Courts of Justice for confirmation.
A source reportedly told The Sun: “The delay will give the courts the chance to see how fully she is now working with the people she owes money to and provide a clearer picture of where she stands in repaying her debts.”
Katie had agreed a payment plan with creditors in February, as well as paying some of the cash that is owed to lenders for mortgages she had secured against her Sussex home, which was dubbed Mucky Mansion.
This hearing had originally been delayed from November 2021.
Katie Price has been exploring different revenue streams
( Ken McKay/ITV/REX/Shutterstock)
Details of payments received for TV work, which included a Channel 4 documentary that followed her attempts to renovate the £2million mansion.
Lawyers also want to review what attempts have been made to pay debts that Katie’s now-defunct cosmetics company Jordan Trading Ltd owed.
Katie was declared bankrupt in 2019 after she had spent years amassing a £45million fortune.
She had agreed to pay £12,000 a month to her creditors through an individual voluntary arrangement but it has been alleged that Katie has failed to keep this agreement.
A repossession order has been made on her Mucky Mansion last year, after she allegedly failed to pay a debt of £500,000, which could see her lose that property.
Katie Price has reportedly not been keeping to her payment schedule to creditors
The mum-of-five has been exploring revenue avenues after the collapse of her businesses.
Katie launched an OnlyFans account with the aim of pocketing £1million in her first year on the online adult platform but she has had to reduce the monthly subscription fee a few times in the hope of attracting enough punters to her page.
The model has also used selling site Depop where she has been trying to move on old clothes from her wardrobe.
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