Bankrupt Katie Price is once again reportedly fighting to save her famed Mucky Mansion in an imminent court appearance.
It has been claimed she will appear in court next month to answer questions about her finances, in the wake of her lengthy monetary woes which began in November 2019 when she declared bankruptcy with £3.5million debts.
The Sun report court officials have called for the star, 45, to attend a hearing in London on 14 September, to discuss the home Katie purchased nine years ago.
It was reported earlier this month that the former glamour model, who has spent two years renovating her 19-room Mucky Mansion and even documented the process for a Channel 4 show, has moved out of the house.
Last month, Katie hit back at trolls who questioned her over her bankruptcy, saying she still ‘owns her £2.5million house’ and stated: ‘Never knock someone who is bankrupt, we all can go there but it doesn’t mean that it is all bad.’
Shock: Bankrupt Katie Price is once again reportedly fighting to save her famed Mucky Mansion in an imminent court appearance
The home: It has been claimed she will appear in court next month to answer questions about her finances, in the wake of her lengthy monetary woes which began in November 2019 when she declared bankruptcy with £3.5million debts
Another one… Katie appeared in court last year alongside her fiancé Carl Woods for breaching a restraining order from her ex Kieran Hayler
In 2021, the star was once again hit with a repossession order on the Mucky Mansion after failing to pay a £500,000 debt.
In April, Katie dodged a court hearing for a fifth time, in which she was set answer questions over her most recent batch of debts – this time £3.2m.
Katie had been expected to appear in person at the bankruptcy court in London and was going to be asked to explain how she plans to pay off her creditors.
The glamour model – who has been on two holidays in the last few months including a trip to Thailand in March – will be asked to lay bare just how much cash she makes when she finally faces the music.
She has avoided being grilled in person since November 2021 and today’s planned hearing had been moved from February.
Katie would have been requested to reveal details of her income – including her Depop page.
She has raked in tens of thousands of pounds from the fashion marketplace page and has so far flogged 2,500 items, many being top designer brands.
Much of the cash is owed to lenders for mortgages secured against her so-called Mucky Mansion in Sussex. Katie had agreed to a payment plan with creditors.
Her bankruptcy trustees will want to find out details of how much she has been paid for her TV work, including her Channel 4 show where she attempted to renovate her £2m country mansion.
Shocking: It was reported earlier this month that the former glamour model, who has spent two years renovating her 19-room Mucky Mansion and even documented the process for a Channel 4 show, has moved out of the house
Ahem: One of her main sources of income is her £12-a-month OnlyFans page where she posts raunchy photos and videos
One of her main sources of income is her £12-a-month OnlyFans page where she posts raunchy photos and videos.
Her Jordan Trading Ltd outfit was struck from the register at Companies House and has now been dissolved.
The move was made after liquidators gave up trying to prise any more money from the star and ended their work with the doomed firm.
A notice on the outfit’s page on the government register said the company had been ‘dissolved following liquidation’.
Katie has maintained she doesn’t have the cash to pay HMRC. That’s despite the former model just undergoing another bout of plastic surgery.
A report into the company filed late last year revealed how she’ll pay just over 8p for every pound she owes the taxman.
Katie – who in total owes around £3million – received a bill for £234,470 from HMRC for Jordan Trading Ltd – that took in cash from her doomed perfume and cosmetics empire.
Liquidators said the taxman will get 8.19p in the pound and other trade creditors owed more than £33,000 won’t get a penny. The firm went belly up in 2017.
Accountants liquidating Jordan Trading said in a previous report they had all but given up clawing back any cash from her against a loan she took out from the firm.
They said a £154,423 loan taken from the firm’s coffers by director Katie was unlikely to be paid back to help clear claims by creditors to Jordan Trading totalling £267,769.
Shocker: Katie – who in total owes around £3million – received a bill for £234,470 from HMRC for Jordan Trading Ltd – that took in cash from her doomed perfume and cosmetics empire
Hard work: Katie, once worth £45million, was declared bankrupt in 2019. She planned to pay £12,000 a month to creditors through an individual voluntary arrangement
A liquidator for London firm Moorfields said just £3,127 had been paid plus £16.80 in bank interest and they said in a report filed to Companies House: ‘I have been in correspondence with the Director’s Trustee in Bankruptcy to establish whether there maybe any future dividends paid to the Director’s creditors.
‘The Director has failed on multiple occasions to attend on the Trustee and the Director has subsequently had their discharge suspended due to non-cooperation.
‘We have been advised that creditors in the bankruptcy estate now total approximately £3.265milion.
‘As such, the company’s claim in the bankruptcy amounts to approximately 4.73% of the total creditors.
‘Given that any realisation from the Director’s estate will likely be watered down with protracted legal issues the Trustee is facing dealing with the Director’s non-compliance, it is likely the overdrawn director’s loan account may no longer be economically viable to pursue.’
Katie, once worth £45million, was declared bankrupt in 2019. She planned to pay £12,000 a month to creditors through an individual voluntary arrangement.