Katie Price’s Bankruptcy Case ‘Discharged’ Following Court Hearing
Former glamour model Katie Price had one of her two bankruptcies discharged after a hearing at a specialist bankruptcy court in London. The 46-year-old was scheduled to address questions about her finances at a public examination after being declared bankrupt in 2019. While bankruptcy orders typically end after a year in England and Wales, the automatic discharge of Price’s initial bankruptcy was previously suspended, keeping her bound by its terms. However, the suspension was lifted by Insolvency and Companies Court Judge Sebastian Prentis during the recent hearing, backdated to December 7 last year, effectively discharging the bankruptcy. Barrister Darragh Connell, representing the trustee of Price’s bankruptcies, stated, “The public examination of the first bankruptcy can be formally concluded in open court.” Notably, Price was absent from the hearing. In addition to this bankruptcy, she was declared bankrupt in March last year due to an unpaid tax bill exceeding £750,000, which is still in effect. A public examination related to this bankruptcy has been adjourned until April 8.
It was revealed that former model Katie Price did not attend the court hearing where her bankruptcy case was discharged. The 46-year-old, who was facing questions about her finances, had her initial bankruptcy discharge suspended. This suspension was lifted by Judge Sebastian Prentis, discharging the bankruptcy backdated to December 7 last year. The trustee of Price’s bankruptcies, represented by Barrister Darragh Connell, confirmed that the public examination of the first bankruptcy can now be concluded in open court. Despite facing financial difficulties, Katie Price remains in the public eye and attracts significant media attention.
Katie Price, a well-known personality, experienced a significant development in her financial situation as one of her bankruptcies was discharged. The former glamour model was declared bankrupt in 2019 and had the automatic discharge of her initial bankruptcy suspended. During the recent hearing in London, the suspension was lifted by Judge Sebastian Prentis, effectively discharging the bankruptcy backdated to December 7 last year. Barrister Darragh Connell, representing the trustee of Price’s bankruptcies, informed that the public examination of the first bankruptcy can now be concluded in open court. Despite her financial challenges, Katie Price continues to be a prominent figure in the media, attracting public interest.
Katie Price, a prominent figure in the entertainment industry, had a significant development in her financial affairs as one of her bankruptcies was discharged at a court hearing. Despite facing bankruptcy in 2019, Price had the automatic discharge of her initial bankruptcy suspended. However, this suspension was lifted during the recent hearing, discharging the bankruptcy backdated to December 7 last year. Barrister Darragh Connell, representing the trustee of Price’s bankruptcies, mentioned that the public examination of the first bankruptcy can now be formally concluded in open court. This financial development for Katie Price comes as she continues to navigate challenges in her public and personal life.
Katie Price, a former glamour model, saw progress in her financial situation as her bankruptcy case was discharged following a court hearing. Despite being declared bankrupt in 2019, the discharge of her initial bankruptcy had been suspended. This suspension was lifted by Judge Sebastian Prentis during the recent hearing, effectively discharging the bankruptcy retroactively to December 7 last year. Barrister Darragh Connell, representing the trustee of Price’s bankruptcies, highlighted that the public examination of the first bankruptcy can now be resolved in open court. As Katie Price moves forward from this financial chapter, she remains a subject of public interest with her ongoing presence in the media.