Katie Price tells court she’s ‘lost everything’ despite earning £45k a month

Katie Price tells court she’s ‘lost everything’ despite earning £45k a month


Katie Price tells bankruptcy hearing she’s ‘lost everything’ despite earning £45k a month

The former glamour model appeared via Skype at a bankruptcy hearing today as her recent monthly earnings of £45,000 were declared

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Katie Price has told a bankruptcy hearing that she’s “lost everything” despite earning £45,000 a month.

Appearing at the Insolvency and Companies Court at London’s Rolls Building via Skype today, the former glamour model spoke about being burgled and attending the Priory.

The 42-year-old, who was declared bankrupt in November last year, has had average recent monthly earnings of £45,000, a court heard.

The mum-of-five said she was going to visit her son Harvey in hospital after the hearing, adding: “It’s one thing after the other.”

At the weekend, she shared a video saying Harvey was feeling “a lot better” after confirming on July 12 that the 18-year-old, who has a number of conditions including partial blindness, Prader-Willi syndrome, autism, and learning and behavioural difficulties, had been admitted to intensive care.

Asked about what assets she has, Price told the court she owns a house but is currently living in a rented property.

She also said she has a Beetle car, one horse and one pony, but nothing else.

Katie said: “I haven’t got anything, I haven’t got absolutely anything left, everything has been stolen off me.”

She said she had been burgled and cannot get any insurance, adding: “I’ve lost everything.”

One of her representatives told the court that over the last three years he had been observing the “mental abuse” Katie had been on the receiving end of.

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She told the hearing she had a “bad breakdown” last year and that she was an inpatient at the Priory for five weeks.

Katie said she had had suicidal thoughts, but added: “I am here, I am sorting myself out.”

Judge Catherine Burton adjourned the case for a further hearing on October 27.

Katie’s ex-husband Alex Reid attended the hearing in person.

Katie was once said to be worth more than £40 million.

At a hearing in October 2018, she was given time to negotiate a deal with the taxman over her finances and her proposal for an Individual Voluntary Agreement (IVA) was accepted.

An IVA is a formal agreement which lets people with debt repay their creditors at an affordable rate in a bid to avoid bankruptcy.