Katie Price will be questioned in court about her money.
A court stated on Friday that the former beauty model will be questioned about the matter, after her initial bankruptcy filing in 2019.
Judge Paul Greenwood presided over a hearing today at a specialised bankruptcy and corporations court, where the court heard that a public examination of her finances had previously been postponed.
Price did not show and was not represented during the hearing.
Trustees, according to Barrister Darragh Connell, are requesting a re-listing of the mum-of-five’s examination and questioning after she allegedly broke a payment arrangement.
He said they are now ‘at the stage where this matter needs to be expeditiously dealt with.’
Judge Greenwood agreed that the one-day examination and questioning should take place “as soon as the court can allow,” and indicated it will be scheduled on the first available day following July 21.
Price apologised to the court in a prior bankruptcy hearing in October 2020, saying she ‘hasn’t been able to cope with these concerns or in the correct mental condition to grasp everything that has been going on.’
She stated that creditors may believe her repayment efforts are ‘too little, too late,’ but she argued that her ‘progress is real.’
In February of last year, she evaded jail for the second time due to a ‘last-minute bargain.’
Katie, who was reportedly worth £40 million, filed for bankruptcy in November 2019.
She was scheduled to appear in court to explain her efforts to repay the £3.2 million debt she owes creditors.
According to The Sun, Katie, 43, managed to strike a ‘last-minute’ agreement with the court that she would pay a ‘small contribution’ now to reduce her debt, as well as a new payment plan.
Trustees were said to be interested in learning how much she had been paid for recent work, notably her Channel 4 programme Mucky Mansion.
In January of this year, she stated that she was certain she could rebound from bankruptcy despite reaching “rock bottom.”
‘Anyone who is out there in a bankruptcy, it’s not the end of the world,’ she encouraged Mark Dolan on GB News.
‘Lots of people go into bankruptcies and I think it’s quite good that I’m in a bankruptcy, actually.
‘It’s made me re-value things and put things straight so I’m happy. Everything in my life is in place. Never be embarrassed about being in a bankruptcy at all.’
