Reality TV personality Katie Price has been dealt another blow as a UK court ruled to extend her bankruptcy restrictions, leaving her financial future in further uncertainty.
The 45-year-old star, known for her appearances on I'm A Celebrity... Get Me Out Of Here! and Loose Women, was declared bankrupt in 2019 with debts reportedly exceeding £3.2 million. Despite multiple extensions to her bankruptcy period, Price has failed to meet her financial obligations, leading to this latest court decision.
What Does This Mean for Katie Price?
The extended restrictions mean Price will face even tighter controls on her finances, including:
- Limitations on obtaining credit over £500 without disclosing her bankruptcy status
- Restrictions on acting as a company director
- Ongoing scrutiny of her financial affairs
This development comes after Price previously claimed she had "learned her lesson" about money management. However, court documents reveal she has yet to comply with the terms of her bankruptcy agreement.
A Pattern of Financial Woes
Price's financial troubles have made headlines for years:
- 2019: Initial bankruptcy declaration
- 2021: Bankruptcy extended for 12 months
- 2022: Further extension granted
- 2023: Court warns of potential contempt proceedings
The former glamour model has attributed some of her financial problems to costly divorces and the financial impact of her son Harvey's medical needs.
What's Next for the Reality Star?
With this latest ruling, Price faces an uncertain path to financial recovery. Legal experts suggest that without significant changes to her financial management, she could face even more severe consequences, including potential criminal charges for breaching bankruptcy restrictions.
The star's representatives have yet to comment on the court's decision, leaving fans wondering how this will affect her various business ventures and media appearances moving forward.
