The woman sued Glitter, real name Paul Gadd, following his 2015 conviction for abusing her when she was 12, as well as two other young people between 1975 and 1980.
The six-figure sum included £381,000 in lost earnings and £7,800 for future therapy and treatment.
A spokesman for Slater and Gordon, representing the woman, said: “We confirm that Gadd has been made bankrupt following our client’s application.
“As he has done throughout, Gadd has refused to cooperate with the process and continues to treat his victims with contempt.
“We hope and trust that the parole board will take his behaviour into account in any future parole applications, as it clearly demonstrates that he has never changed, shows no remorse and remains a…