Once said to be worth about £40million, Katie Price has been declared bankrupt again.
Bankruptcy is a legal process when a person or business is unable to repay spiralling debts. The I’m A Celebrity… Get Me Out Of Here star owes £761,994.05 to HM Revenue and Customs (HMRC), a court has been told. It has been five years since the former glamour model was first declared bankrupt in 2019.
This week’s news only adds to the reality TV star’s woes after Price was fined £880 for driving without a licence or insurance. In her latest podcast The Katie Price Show released on 14 March, Price admitted she was struggling with feeling “so drained at the minute”.
The queen of reality TV – who has five children Harvey, Junior, Princess, Bunny and…