According to foreign media reports, Katie Price, a former glamour model known as "Boba Jordan", has been in debt of £3.2 million since declaring bankruptcy in December 2019. Katie was sued by creditors for not doing her best to repay her debts after going bankrupt. The case was tried at 10:30 a.m. local time on June 7 at London Royal Court, and it was unclear whether Katie would appear in person or via a video link.
It is reported that katie Price, 44 years old this year, real name Katrina Amy Alexandra Alexis Price. Back in December 2019, Katie declared bankruptcy, a year after she agreed to pay creditors £12,000 a month to get out of debt. Katie agreed to establish the Individual Voluntary Arrangement (IVA) to try to take control of her finances and avoid bankruptcy. But a year later, she failed to repay the loan on a monthly basis, apparently the plan didn't work.
The sexy star, once worth more than £45 million, has been enjoying lavish holidays and cosmetic surgeries in recent months despite bankruptcy. Earlier this year, just weeks after she underwent her 14th breast augmentation and a series of cosmetic surgeries, Katie flew to Thailand with her boyfriend, Carl Woods, for a lavish vacation.
Although Katie Price also tried to make money through TV shows or learn from friends on the OnlineFans platform, unfortunately she was not so lucky, the money did not earn, and the debt was increasing!
There are not a few stars like Katie Price who have become famous and then tepid. In the face of the ups and downs of their careers and lives, they are like Katie who can't turn back, and still live a life of luxury and erosion! Maybe this is the old saying, from frugality to luxury, from luxury to frugality!