Katie Price will have one of her two bankruptcies dropped.
Once thought to have a net worth of £40m thanks to her lucrative career, the former glamour model has been declared bankrupt for the second time in March last year over an unpaid tax bill of £761,994.05. The mum-of-five, 46, was first declared bankrupt in 2019 but this has now been dropped.
The news one of her two bankruptcies will be left was decided at a specialist bankruptcy court in London on Tuesday but the reality TV star was not in attendance. Price was due to be quizzed over her finances at a hearing known as a public examination.