Bankrupt Katie Price faces High Court TODAY after ‘not engaging fully’ over £3.2m debt repayment
KATIE Price is to face the High Court today on how she has been paying a £3.2million debt.
The star, 43, has reportedly not been “engaging fully” in paying creditors.
That is despite her earning hundreds of thousands in brand deals and a reported £45,000 for her Mucky Mansion show on Channel 4.
The bankruptcy hearing, moved from December, will review her attempts to pay debts accrued by Jordan Trading Ltd which oversaw her perfume and make-up lines.
Price’s bankruptcy trustees are said to have been pulling together a dossier of the mum-of-five’s deals ahead of the hearing.
Ex-glamour model Price, once worth £45million, was declared bankrupt in 2019.
She had a plan to pay £12,000 a month to creditors through an individual voluntary arrangement but failed to do so.
Last year she was hit with a repossession order on her West Sussex mansion after failing to pay a £500,000 debt.
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She faces losing the house if she does not stump up the cash.
Price was handed a 16-week prison sentence suspended for a year in December after flipping her BMW X5 in a drink and coke-fuelled crash.
The former Loose Women star had been on an all-night bender before she got behind the wheel last September.
She got off a jail term after going to rehab at The Priory.
But she could end up behind bars for allegedly breaching a restraining order against her ex Kieran Hayler’s new fiancée.
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