Katie Price says she's 'discriminated' against as she gives update on bankruptcies
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Katie Price has expressed her frustrations over perceived discrimination following her two bankruptcies despite being recently discharged from them.
The 47 year old ex-glamour model, who once boasted a £40 million fortune, has spoken candidly about her financial tribulations, which saw her face a significant tax debt exceeding £750,000 and led to two bankruptcies within a challenging six-year period.
Despite clearing her debts last March and looking forward to future triumphs, Katie has faced ongoing issues. Last year, after leaving her 'Mucky Mansion', the mother of five disclosed difficulties with securing a new home, attributing this to estate agents harbouring a "black mark" against her due to her publicised monetary struggles.
She recounted instances where agents told her properties had been let to others after she showed interest, only to find they remained available—a situation that leads her to sense unfair treatment as she attempts to rebuild her life.
Speaking on her podcast, 'The Katie Price Show', Katie voiced her determination: "I love it how I have gone through all what I have because I will get there again."
She expressed frustration: "I just have a problem with when you have been in a bankruptcy, you just can't get anything. It is so annoying because I earn such good money. I earn, like I did back in the day, really good money but it makes no difference if you earn the money."
Katie explained: "Once you get that black mark against your name, there's nothing you can do. Even when I go to rent a house, as soon as they know its my name, it is discrimination.", reports the Mirror.
"They are like 'Oh no, no' and I am like 'Oh is it because of what you've read?'. Does it really matter, I have got the money and I can pay upfront. It's the name that puts people off and it's such discrimination."
Katie was initially declared bankrupt in December 2019 for one year. At the time, her worth was estimated to be £40 million.
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She then agreed to make monthly payments of £12,000 to her creditors in an attempt to clear her debt. However, this was unsuccessful, and by July 2020, Katie found herself back in court for another bankruptcy hearing.
She informed the court she was living in a rental property that cost her £4,200 per month.
Then, in March 2024, during a brief hearing held at the Rolls Building, Insolvency and Companies Court in London, Katie was declared bankrupt a second time.
During this hearing, it emerged that she owed £761,994.05 to HMRC, and the court found that she had failed to address this debt. Earlier this year, Katie announced her discharge from bankruptcy, expressing her relief: "I'm so happy. I can finally move on and leave these bankruptcies behind me, focusing only on the positive. Thank you to everyone who supported me throughout this process."
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