KATIE Price was today cleared of her second bankruptcy hearing – and has now vowed to claw back her lost £100million fortune.
It brings to an end six years of financial hell for the 46-year-old model, and she has now been discharged of an unpaid tax bill of over £750,000.
The star thanked fans for their support following a zoom call with a judge, telling The Sun: “I’m so happy.
“I can finally move on and put these bankruptcies behind me and now only focus on the positive.
“Thank you to everyone that has supported me through this process.”
Her tax debt included income tax, VAT, surcharges, and interest, stemming from self-assessments for the two years up until 2022.
Last night a source added: “Kate has been through hell and feels like an enormous weight has been lifted off her shoulders.
“This has been hanging over her like the sword of Damocles – and now she is free to re-set, and try and remake her lost millions. If anyone can do it, it’s The Pricey.”
And last February a judge ordered her to pay 40% of her monthly income from the adult entertainment website OnlyFans until February 2027.
An arrest warrant was also issued after she failed to attend a court date.
She was due to face questions about her finances in a public examination, but this was adjourned to allow her to attend a private interview with the trustee.
Yesterday her lawyer Chris Keane, from Fieldfisher LLP, said: “Without specialist insolvency advice, Katie really didn’t fully understand the bankruptcy process or the consequences of any failure to attend on the Trustee in Bankruptcy when asked to do so.
“Since engaging specialist insolvency solicitors, Katie has been fully compliant with her Trustee in Bankruptcy and has been discharged from both bankruptcies in relatively short order.”
The 46-year-old has had both her bankruptcies cleared[/caption]
