Katie Price had to sell her mansion after bankruptcy

Katie Price had to sell her mansion after bankruptcy

TV presenter and businesswoman Katie Price has found herself in major financial trouble. The star first went bankrupt in 2019 when his company went bankrupt. He failed to appear for bankruptcy hearings six times, justifying his failure to appear each time.

Katie Price. Photo: Getty Images

The model owes £3.2 million to creditors. The broadcaster was warned that every effort would be made to return the money and that his assets would be confiscated if not paid. Previously Katie Price could have lost her £2million mansion due to massive debt.

Now it is learned that the celebrity will sell it. He’s ready to move into his “£2.5million dream home in Yorkshire”, writes The Sun. Meanwhile, Katie Price was recently declared bankrupt for the second time.

The new home the presenter wants to buy has six bedrooms, four bathrooms, an indoor pool, a cinema room, a large three-car garage and overlooks a golf course. However, it is not yet clear how Katie Price will pay for the property, considering the large debts.

Source: People Talk

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