Katie Price Cleared of £750K Debt After Second Bankruptcy Discharge
Katie Price, a British media personality and former model, has finally cleared her debt of £750,000. She has been discharged from her second bankruptcy, which means she is free from this financial trouble. This is a new beginning for Katie after years of struggling with money problems.
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Katie Price is Debt-Free
Katie Price has been facing financial issues for many years. In 2019, she was declared bankrupt because she could not pay her debts. Most of her debt came from unpaid taxes. In 2025, she was finally discharged from her second bankruptcy. This means she no longer has to pay the £750,000 she owed.
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Katie told The Sun newspaper:
“I am so happy. I can now move on and focus on good things. Thank you to everyone who supported me.”
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Her debt included unpaid income tax, VAT, and other charges. It took her many years and a lot of effort to clear this amount.
How Did Katie Price Go Bankrupt?
In 2019, Katie Price was declared bankrupt because she could not keep up with her payments. She was supposed to pay £12,000 every month but failed to do so. As a result, she went into bankruptcy again in 2024.
Her lawyer, Chris Keane, said:
“Katie did not fully understand bankruptcy before. But after getting help from experts, she followed all the rules and has now been discharged.”
This shows how important it is to get legal advice when dealing with money problems.
How OnlyFans Helped Katie Price Earn Money
Katie Price is working hard to rebuild her life. One way she is making money is through OnlyFans, an adult content platform. A court ruled in 2024 that 40% of her income from OnlyFans must go to her creditors until 2027. This has helped her clear her debts.
What Will Happen to Katie Price’s Career?
Katie Price’s career has had many ups and downs. Now that she is free from bankruptcy, she can focus on her career again. She may return to television, fashion, or other business ventures.
A close friend said:
“Katie has been through a lot, but now she feels free. She wants to rebuild her career and make money again.”
Her fans are excited to see what she will do next.
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What’s Next for Katie Price?
Now that she is debt-free, Katie Price can work on making her finances stable again. She will continue earning money from OnlyFans and may start new business projects. Many people are looking forward to seeing her next move.
Key Points:
- Katie Price has cleared her £750,000 debt after her second bankruptcy discharge.
- Her financial troubles started in 2019 due to unpaid taxes.
- She made money through OnlyFans, and part of her income was used to pay creditors.
- Now, she is free from debt and can focus on her career and future.
1. How did Katie Price get into debt?
She did not pay her taxes for many years, which led to a huge debt of £750,000.
Conclusion: A Fresh Start for Katie Price
Katie Price’s journey shows that it is possible to recover from financial problems. Now that her £750,000 debt is gone, she has a new chance to build her career and life again. Her story is an example of how people can overcome financial troubles with patience and determination.
Do you want to follow Katie Price’s journey? Stay updated, share this article, and comment on what you think about her comeback!
Frequently Asked Questions
1. How did Katie Price get into debt?
She did not pay her taxes for many years, which led to a huge debt of £750,000.
2. What does her bankruptcy discharge mean?
It means she no longer has to pay her past debts and can start fresh.
3. Will she return to TV or media?
Many people hope she will, but we don’t know her exact plans yet.