Katie Price could end up homeless and living in a hostel if declared bankrupt tomorrow - News Summed Up

Katie Price could end up homeless and living in a hostel if declared bankrupt tomorrow


If the plan - known as an individual voluntary arrangement (IVA) - is rejected by her creditors then bankruptcy could be the next step, potentially leaving KP homeless. As long as her West Sussex home isn't in negative equity then it would likely be sold. Katie bought the property for £1.3million in 2014, but despite its run-down condition, it's now estimated to be worth £1.6million. And they're also advised to contact their local authority as they may be eligible for a council house. There is no official figure for Katie's current debts, but some reports have claimed they could be as high as £600,000.


Source: Daily Mirror October 29, 2018 14:26 UTC



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