Skint Katie Price only has THREE weeks to go to stop bankruptcy but ‘doesn’t care’ as boyfriend Alex is paying for everything and she wants to ‘start all over again’
KATIE Price has only three weeks left to sort out her finances and stave off bankruptcy - but the star "doesn't care" as boyfriend Alex Adderson is giving her cash.
The 40-year-old will have an Individual Voluntary Agreement (IVA) hearing on October 30 where she will find out if she can repay her significant debt over a stipulated period of time.
Katie has huge £10,000 monthly mortgage repayments on her Sussex mansion, which is said to be £100k in arrears.
Her businessman toyboy Alex, 25, bought her a new Range Rover and has given her wads of cash, prompting an insider to claim she is not fazed by the threat of bankruptcy.
The source told The Sun Online: "She’s just avoiding it rather than dealing with the issue and most expect her to be declared bankrupt. She doesn’t seem to care as long as she’s got the house and can start all over again without paying her debts off.
"She has instructed everyone in her house to ignore the gate if it calls, and her stepdad fitted an alert system that if someone comes to the gate, then Katie will be able to see the CCTV system on her phone.
"So if it’s bailiffs she can see them on the camera and doesn’t answer or someone answers and says she’s not there.
"It’s got so bad that Alex is giving her spends."
They added that nearly all of Katie's farmyard animals have been sold, with the star previously demanding £2,000 each for them.
Katie is reportedly still struggling to afford the feed for her beloved horses and owes £3,000 to two companies that shoe them.
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The source added: "For now, her neighbour has taken her large horsebox off her hands. In return for the neighbour using it, Katie can use the neighbour’s horse feed and hay and anything the animals need until she gets back on her feet.
"The neighbours are going to repaint the horsebox so that it’s no longer pink."
The Sun Online has contacted a representative for Katie for comment.
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