Former glamour model Katie Price is going through a £760,000 unpaid tax bill after being declared bankrupt for a second time in March
Katie Price has said she loves her new four-bedroom home which she insists she paid for herself.
The former model’s admission comes after she was declared bankrupt for a second time in March and she was evicted from her Mucky Mansion this summer. She is now living in a house in Sussex.
Katie spoke to her fans about how much she is enjoying her new home. She said: “It’s so refreshing and feels like a fresh new start moving into a new place.
And I love my new home, I love it. I chose everything in it, I’ve got a navy blue and white kitchen I chose and I’ve got pink elements in it. I just love being in my new house, I love it.”
One fan quizzed the mum-of-five on who had bought the property. She replied: “I paid for it! No-one pays for me, I don’t care what anyone says out there, anyone who knows me, I’m a workaholic. A single mum of five kids, don’t ever knock anyone, just cause I’ve had my ups and downs I’m still here, surviving.”
Katie’s former house sold for £1.5million after being placed on the market this month following major renovations. The star was recently arrested at Heathrow Airport after skipping a bankruptcy court hearing over her £760,000 unpaid tax bill. She jetted off to Turkey for more cosmetic surgery instead of going in front of the judge. A judge has ordered her to hand over her car collection which includes two Range Rovers, a Volkswagen Beetle, a Nissan, an Infiniti FX50 and a Suzuki Vitara.
In February, a judge at a specialist bankruptcy court ordered that the 46-year-old must pay 40 per cent of her monthly income from the adult entertainment website OnlyFans until February 2027. Barrister Darragh Connell, representing the trustee, told the court that Price previously reached a voluntary agreement over her debts, but had failed to pay the agreed figures.
In July, the order was extended to cover eight more companies from which Price gained income. Katie will also have her income from the social media platform TikTok suspended as part of efforts to pay off money owed under her two bankruptcies, a judge has ruled. TikTok’s lawyers have said it did not oppose the move, but could not consent to it due to the mechanisms of how content creators are paid.
Katie is due to appear in court on August 27 to face questions over her finances after being told she must attend with “no ifs or buts” by a judge earlier this month.
Katie Price’s financial struggles have been making headlines lately, with the former glamour model facing a hefty unpaid tax bill of £760,000. Despite her bankruptcy and eviction from her previous home, Katie seems to have found solace in her new four-bedroom house in Sussex. She recently shared with her fans how much she loves her new home, emphasizing that she paid for it herself. In a social media post, Katie expressed her excitement about the fresh start that her new home represents. She described the kitchen she personally designed, with navy blue and white tones complemented by pink elements. According to Katie, moving into her new house has been a refreshing experience that she thoroughly enjoys.When asked about the purchase of her new property, Katie was quick to assert her independence and work ethic. She proudly stated that she funded the house herself, highlighting her resilience as a single mother of five. Despite facing challenges and criticism, Katie remains determined to overcome obstacles and provide for her family.Following the sale of her former house for £1.5 million, Katie has been dealing with legal issues related to her bankruptcy and unpaid taxes. Her recent arrest at Heathrow Airport for missing a court hearing added to the complications. A judge has ordered her to surrender several cars from her collection as part of the debt settlement process.In a bid to repay her debts, Katie has been required to allocate a significant portion of her income from OnlyFans towards the payments until 2027. Additionally, her earnings from TikTok will be suspended to assist in clearing her financial obligations. Despite these challenges, Katie remains resilient and committed to resolving her financial issues.As she prepares to appear in court to address her financial situation, Katie is determined to face the challenges ahead with courage and determination. Stay tuned for more updates on Katie Price’s journey towards financial stability and independence. Your support and encouragement are greatly appreciated as we continue to provide valuable information and insights for our readers.
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Source: CNN
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