Katie Price is thought to be at “real risk” of losing her sprawling £2million Mucky Mansion and could end up “homeless” as her financial troubles continue to mount.
The former glamour model has been making headlines after she gave her second bankruptcy hearing a miss. Instead, the mum-of-five decided to soak up the sun in Cyprus with her latest beau, JJ Slater.
Earlier this year, Katie was declared bankrupt for the second time, thanks to an eye-watering unpaid tax bill tipping over £750,000 to HM Revenue and Customs. And now the doting mum faces the threat of her home being repossessed.
READ MORE: Katie Price shows off massive boobs and unveils latest cosmetic work to ‘be Bratz doll’
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The TV personality snapped up the property back in 2014 reportedly setting her back a cool £1.3million and is featured in her Channel 4 series, reports the Mirror. In March, Katie’s financial woes took another hit when the High Court ruled that she will lose half of her monthly earnings.
(Image: Channel 4)
The court heard that trustees went to court to ask for an income payment order – meaning money from the star’s earnings would pay off her debts. Joshua Harris, Bankruptcy Trustee at Harris & Partners, told The Sun: “Price faces the risk of losing her £2million property, which highlights the severe realities of bankruptcy.”
He added: “In situations of substantial debt, asset repossession is a real threat, used by creditors to recover what they are owed. Not settling financial duties can lead to severe outcomes, including the loss of valuable assets and further financial hardship.”
In October last year, the mum-of-five confessed she was totally “fed up” with being hounded by legal threats. Opening up about her bankruptcy, she admitted to having been in court “more times than I’ve had hot dinners”.
(Image: @katieprice/Instagram)
The star took things one step further and claimed she would “genuinely” not care if she ended up behind bars. These days, Katie’s raking in the cash through her OnlyFans content and by selling bespoke messages to her devoted followers for a pretty penny online.
The news comes after the raven-haired beauty flaunted her latest lip fillers and ‘biggest boob job’ ever. The Celebrity Big Brother winner promised she won’t stop the intense beauty treatments until she’s the spitting image of a “Bratz doll.”
Katie’s no stranger to the surgeon’s knife, having tweaked her natural features including her facial augmentations, breast enhancements and bum lifts. She’s had a staggering 16 boob jobs over the years, with her most recent being in February 2024.
(Image: Instagram/ @katieprice)
Despite having her lips done just three months prior, Katie couldn’t resist another jab to boost her pout. She excitedly shared: “So you know I want to look like a Bratz doll? This is the start! I’ve had a visit to Ellie’s – look at them lips!”
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Source: Celebrities - dailystar.co.uk
