Katie Price was fired from her second bankruptcy last night – and now she vowed to withdraw the lost happiness of £ 100m.
This leads to the end of six years of financial hell for a 46-year-old model, and is now dismissed from its second bankruptcy, which refers to an unpaid tax account of over £ 750,000.
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Katie Price finally gets rid of his debt of £ 750,000
This follows that Katie was fired from her first bankruptcy on February 11, 2025.
The star thanked the fans for their support after the call to zoom with her lawyer, saying the sun, “I’m so happy.” I can finally go and put you bankrupt and now just focuses on positive.
“Thank you to everyone who supported me through this procedure.”
Her tax debt included income tax, VAT, surcharge and interest, which stems from self -assessment for two years by 2022.
Last night, the source added: “Kate went through hell and felt like her huge weight was raised from her shoulder.
“This hung over her like Damocles’s sword – and now she’s free to reset and try to process her lost millions. If anyone can do it, it’s expensive.”
And last February, the judge ordered her to pay 40% of her monthly revenue from the adult entertainment website until February 2027.
The arrest warrant has also been published after failing to attend a court date.
She should have faced questions about her finances in a public exam, but it was delayed to allow her to attend a private interview with the Commissioner.
Her lawyer Chris Keane, from Fieldfisher LLP, said: “Without specialist tips on insolvency, Katie really did not fully understand the bankruptcy procedure or the consequences of any failure to attend the commissioner in bankruptcy when he asked for it to do so.
“Ever since she hired special lawyers of Insolvency, Katie has been fully in accordance with her commissioner and has been discharged from both bankruptcy in the short term.”
What was bankruptcy and what did it mean for Katie stories?
Bankruptcy is a legal status that may not return in debt.
In the UK, it is bonetroted limited to reports to individuals, but in the USA, some other countries can also be applied to companies.
The word itself is derived from the Italian phrase of Banca Rott which means “broken bank”.
In the modern world, this usually involves restructuring debts in an attempt to rehabilitate those who owe money and sometimes continue their business.
In most jurisdictions, people or companies are declared bankrupt with a court order.
November 26, 2019 Katie Price was named bankrupt after not paying debts.
She needed to repay £ 12,000 a month to her creditors after performing an individual voluntary arrangement (Iva) 12 months ago – but she failed.
Reality Star was able to avoid bankruptcy in early August 2019, but only got 12 weeks to reject financial downfall.
Katie saw that her once lucrative media empire was decomposing and collapse of her jobs.
Then, in March 2024, Katie was named bankrupt for the second time.
The hearing, held at the Rolls building in London, heard that HMRC owed a total of £ 761,194.05.
Double bankruptcy katie price becomes her ‘butterfly lip’ even greater
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Katie Price was seen celebrating the news by hitting Loves 2 tan in Essexcredit: Jamea Carey
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The 46-year-old both had a Cletedcredit: Depop / Katie Price
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Katie Price was all smiles as she checked her tanned frame after visiting Loves 2 tan in Brightcredit: James Carey
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Source: HIS Education