28 January 2023 , 21:12
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Katie Price will be asked to lay bare just how much she makes from saucy online content in a quiz over her £3.2million debts.
Katie, 44, will appear in court at a bankruptcy hearing next week – and will be asked to explain how she plans to refund creditors.
She previously agreed to pay £12,000 a month but has not been sticking to the deal, according to those owed the cash.
The hearing at London’s Royal Courts of Justice on February 9 had been set for last June but was postponed at the last minute.
A court official confirmed: “There is a hearing in the Insolvency and Companies court on 9 February, which will be heard in person.”
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Much of the £3.265m is owed for mortgages secured against her “Mucky Mansion” in West Sussex.
Trustees want to know just how much money Katie makes from her OnlyFans account (katieprice/Instagram)Bankruptcy trustees will want to find out how much glamour model Katie has been paid for TV work, including a Channel 4 show in which she attempted to renovate her £2m country house.
One of her main sources of income is her £12-a-month OnlyFans page, where she posts raunchy photos and videos. She also flogs her old clothes on Depop.
A source explained: “The court will wish to know where every penny comes from, whether that’s from selling her old clothes on Depop or stripping out of her clothes on OnlyFans. Only then can the court make up its mind about her ability to pay.”
Katie Price's West Sussex home which she dubbed Mucky Mansion (Channel 4)Former Page 3 model Katie, once worth £45m, was declared bankrupt in 2019. In 2021, she was hit with a repossession order on her mansion over a £500,000 debt – meaning if it is sold, the proceeds must be used to clear what she owes.
The mum-of-five launched an OnlyFans account with the ambition of making £1million last year, but had to slash the subscription cost in a bid to recruit subscribers.
Katie selling a top on Depop for £7 (Depop)She told GBNews: “I’ve had money and then lost money, and it is not everything in the world. In fact, it’s the root of all evil in my life. You realise who your real friends are.”
She also shared possible business schemes, including selling mobility scooters and her own underwear – and said she plans to become a paramedic.