KATIE Price could be ordered to flog her Mucky Mansion this week, The Sun Online can exclusively reveal.
The former glamor model has been told to reveal her finances before a judge this Thursday.
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Katie Price Could Lose Her Mucky Mansion This Week Credit: PA
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The OnlyFans star will return to court to discuss her finances. Credit: Splash
Katie, 45, will be asked to give evidence at a bankruptcy hearing in London, court officials have revealed.
The bankrupt star paid £1.3 million for the house nine years ago. It is now worth more than £2million and her creditors – including two lenders against the house – want their money back.
The trustees handling her bankruptcy have the power to sell Katie’s Mucky Mansion to pay off her debts if they see fit.
Legal notices on the house prevent her from selling the Sussex pad herself.
Katie must now present the case to the court to either reveal how she intends to settle her £2.3m debts or prove she needs the home as it is vital to her work.
She films much of her OnlyFans content from the sprawling space and uses it for her Channel 4 reality series, Katie Price’s Mucky Mansion, from the back.
During a brief hearing at the specialist Insolvency and Companies Court in London earlier this year – where Katie did not appear and was not represented – the court was told that a public inquiry into her finances had previously been adjourned.
However, commissioners asked for a re-listing of the questioning after she breached a payment agreement, lawyer Darragh Connell said.
“We are now at a stage where this matter needs to be resolved expeditiously,” Mr Connell told the court.
Judge Paul Greenwood said a hearing where she will be questioned about her finances will be set for the first available date after July 21.
Judge Greenwood said it “seems proper, indeed inevitable” to order a one-day trial “as soon as the court can accept it”.
And an Insolvency and Companies Court official told The Sun: “The next hearing date in the above matter is September 14, 2023.”
During a recent TikTok live, Katie answered questions from her followers and didn’t hold back when it came to money and her infamous Mucky Mansion.
She insisted that she was ‘not broke’.
Katie joked: “I live in my own £2.2million house, I own it and no one can take it away from me. I wouldn’t call it ruin, would you?”
And Katie later broached the subject again, insisting: “I’m actually not poor, quite the opposite, but thank you.”
In January, Katie also claimed that declaring bankruptcy “isn’t the end of the world”.
She said: “It’s not the end of the world for anyone out there who is bankrupt.
“A lot of people go bankrupt, and I think it’s quite good that I’m bankrupt, it made me rethink things.
“Everything in my life is in place now, I’m never embarrassed about bankruptcy.”
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Katie is currently not allowed to sell her Mucky MansionCredit: Getty
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She may try to prove that she needs the property for work. Credit: youtube/KatiePrice
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Katie films her OnlyFans content there and used it for her Channel 4 reality show
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Source: HIS Education