AT WHAT PRICE?
Is Katie Price bankrupt, is her house for sale and has she asked Peter Andre for help?
KATIE Price is feeling the pinch when it comes to her fiances.
But is the former glamour model bankrupt? Here's what we know...
3
Is Katie Price bankrupt?
Katie avoided financial collapse at her bankruptcy hearing on August 7, 2018 by submitting an application to pay off her creditors with a payment plan.
The reality star, 40, did not appear at the the High Court's Rolls Building for an in-and-out hearing that saw her team submit proposals for an individual voluntary agreement (IVA).
An IVA sees debtors pay back their creditors over a period of time.
Her application will be heard in 12 weeks on October 30.
Katie, 40, once worth £45million, has been bidding to stave off bankruptcy for months as her once lucrative media empire began to fall apart after the downfall of her third marriage and the collapse of her businesses.
On August 15, 2018 it was claimed that she had asked her ex Peter Andre for help as she attempts to swerve bankruptcy.
3
Is Katie's house for sale?
In August 2018 The Sun exclsuively revealed how Katie is trying to sell her £2million home, which sources claim is burdened with thousands of pounds in debt.
The house in Horsham, West Sussex, costs Katie around £10,000 a month to maintain, and she's now trying to offload it to save some cash.
The reports suggest there are "two charges... and a bankruptcy notice" against the house and in July 2018 The Sun revealed Katie is selling her menagerie of farmyard animals in a bid to sort out her finances.
It also told how the glamour model’s £2million West Sussex mansion was in a massive state of disrepair, with the swimming pools and tennis courts abandoned and rubbish strewn across the property.
3
Which of Katie's businesses have gone bust?
In March 2018 The Sun revealed how Katie's clothing company KP Boutique had flopped and at the time only had £13 in the bank.
She failed to get the brand off the ground after launching it in June 2016.
KP Boutique was created by Katie to sell a range of loungewear items that she would model and promote herself.
In November 2017, her company KP Bling also appeared to be going under.
The associated website was permanently “scheduled for maintenance” and had no activity being recorded on its Facebook page since January 2016.
Companies House records revealed the company made just £100 in net assets up to August 2016.
A compulsory strike-off was initiated meaning it was only a matter of time before it closed for good.
Before this, in May 2017, Katie put Jordan Trading Limited into liquidation.
Records from Companies House revealed the business owed £200,000 to the taxman.
On top of this, there was another £20,000 owed to accountants and lawyers.
More on Katie Price
What other businesses does Katie own?
In November 2006 Katie launched The Katie Price Lingerie Collection, available at Asda, and then a jewellery line with Argos.
She launched a hair care range in 2007 at Superdrug as well as several perfumes such as Stunning, Besotted and Precious Love.
An avid rider, the KP Equestrian range was launched in 2008 selling horse and pony accessories as well as riding clothes and equipment - all designed in Katie's unique style.
As well as her numerous reality shows including a well-paid stint on Celebrity Big Brother, Katie gets cash from calendars and modelling.
Katie has also dabbled with pop stardom over the years.
Topics