Kate Garraway hit by fresh blow as she's locked out of bank accounts after revealing £800,000 debt
Kate is 'determined to put things right' after finding herself in a financial nightmare
money talks Kate Garraway hit by fresh blow as she's locked out of bank accounts after revealing £800,000 debt
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KATE Garraway has been hit by a fresh financial blow amid her stressful £800,000 debt battle.
The Good Morning Britain presenter, 58, was faced with the daunting prospect of paying back the huge sum following husband Derek's death from covid-related illness early last year.
3
Kate has been dealt a fresh blow after being locked out of her bank accounts
Credit: Shutterstock
3
She was faced with the prospect of paying back £800,000 after husband Derek's death
Credit: Shutterstock
3
Kate has insisted she's 'determined to put things right'
Credit: Shutterstock
Now Kate has revealed she's been frozen out of her bank accounts after changing her phone.
Taking to social media to beg the bank for help, she wrote: 'Please please get in touch with me.
'I have not been able to access any of my Barclays accounts current or savings since Friday due to changing my phone handset and can't get through to anyone on customer service - please dm me.'
Luckily Kate's plea was answered and the bank replied, telling her to send more information via direct message.
More on Kate Garraway
FINANCE FIGHT Kate Garraway update on her stressful £800k debt battle and £288k tax bill
Last month The Sun revealed Kate had received a much-needed financial boost in her struggle to pay back huge debts.
The cost of caring for Derek during his four-year health nightmare ran into hundreds of thousands of pounds.
At the same time, Derek's psychotherapy firm Astra Aspera Ltd - which was jointly controlled by Kate - went bust owing hundreds of thousands to creditors, including a huge sum to HMRC.
A new liquidator's report reveals how Kate has been trying to repay debts as well as a more palatable revised total.
HMRC has submitted a preferential claim of £288,054, a third of its previous submission of £716,822. It's not known why the HMRC have dramatically dropped their demand.
There are also creditor claims of and £196,548 from four other firms including a £50,000 bank loan.
GMB's Kate Garraway reveals she still can't pay 'excessive debt' for late husband Derek Draper's care - on anniversary of his death
However, at this stage, there will be no pay out for any creditor after liquidator fees of £32k and 40 per cent of assets have been realised.
So far, Kate has paid back £21,000.
A representative for Kate said: "Kate has met all that the liquidators of Derek's company have asked for and more over the past four years.
'She doesn't recognise these figures and is shocked that it's being presented in this way by them.
"Caring for Derek and supporting her family when Derek could no longer run his own businesses has taken a huge financial toll on her but she's determined to put things right.'
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Kate is 'determined to put things right' after finding herself in a financial nightmare money talks Kate Garraway hit by fresh blow as she's locked out of bank accounts after revealing £800,000 debt Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) KATE Garraway has been hit by a fresh financial blow amid her stressful £800,000 debt battle. The Good Morning Britain presenter, 58, was faced with the daunting prospect of paying back the huge sum following husband Derek's death from covid-related illness early last year. 3 Kate has been dealt a fresh blow after being locked out of her bank accounts Credit: Shutterstock 3 She was faced with the prospect of paying back £800,000 after husband Derek's death Credit: Shutterstock 3 Kate has insisted she's 'determined to put things right' Credit: Shutterstock Now Kate has revealed she's been frozen out of her bank accounts after changing her phone. Taking to social media to beg the bank for help, she wrote: 'Please please get in touch with me. 'I have not been able to access any of my Barclays accounts current or savings since Friday due to changing my phone handset and can't get through to anyone on customer service - please dm me.' Luckily Kate's plea was answered and the bank replied, telling her to send more information via direct message. More on Kate Garraway FINANCE FIGHT Kate Garraway update on her stressful £800k debt battle and £288k tax bill Last month The Sun revealed Kate had received a much-needed financial boost in her struggle to pay back huge debts. The cost of caring for Derek during his four-year health nightmare ran into hundreds of thousands of pounds. At the same time, Derek's psychotherapy firm Astra Aspera Ltd - which was jointly controlled by Kate - went bust owing hundreds of thousands to creditors, including a huge sum to HMRC. A new liquidator's report reveals how Kate has been trying to repay debts as well as a more palatable revised total. HMRC has submitted a preferential claim of £288,054, a third of its previous submission of £716,822. It's not known why the HMRC have dramatically dropped their demand. There are also creditor claims of and £196,548 from four other firms including a £50,000 bank loan. GMB's Kate Garraway reveals she still can't pay 'excessive debt' for late husband Derek Draper's care - on anniversary of his death However, at this stage, there will be no pay out for any creditor after liquidator fees of £32k and 40 per cent of assets have been realised. So far, Kate has paid back £21,000. A representative for Kate said: "Kate has met all that the liquidators of Derek's company have asked for and more over the past four years. 'She doesn't recognise these figures and is shocked that it's being presented in this way by them. "Caring for Derek and supporting her family when Derek could no longer run his own businesses has taken a huge financial toll on her but she's determined to put things right.'
