Katie Price to appear in court again for a £3,200,000 bankruptcy debt

Katie Price to appear in court again for a £3,200,000 bankruptcy debt

Katie Price to appear in court again for a £3,200,000 bankruptcy debt

Katie Price quits social media with cryptic message to fans

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  • Katie Price appears in court for the second time.
  • This time regarding her bankruptcy.
  • She was due to pay £12,000 in arrears to her creditors every month for four years.
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Legal difficulties of Katie Price are set to continue this week when she appears in court for the second time, this time regarding her bankruptcy.

The former £40 million star of My Crazy Life was declared bankrupt in November 2019 after amassing a £3.2 million debt.

She was due to pay £12,000 in arrears to her creditors every month for four years after entering into an individual voluntary arrangement (IVA) last year, but she failed to do so.

Read more: Katie Price attracts the anger of her fans

According to Metro.co.uk, a new hearing in the case will be held on Tuesday at the Royal Courts of Justice in London. Price, 44, is not expected to appear in court. The former I’m A Celebrity… contestant appeared on the show in February of this year. After reportedly agreeing to a last-minute compromise, the Get Me Out of Here star avoided going to jail over failed repayments.

Price allegedly agreed to pay a ‘small contribution’ now to lower her debt, as well as a new payment plan, according to the terms.

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Read more: Katie Price to not appear before court in speeding charge

The star’s bankruptcy trustees were said to be interested in learning how much she was paid for recent work, including her Channel 4 program Mucky Mansion, in which she entirely renovated her Sussex property after it had fallen into ruin.

According to a source, “It was all very last minute but she wanted to avoid court. Katie does want to pay back the money but it’s been slow progress.”

Read more: Katie Price chastised for ‘photoshopping’ her son Harvey on his 20th birthday

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