Katie Price’s financial troubles may be taking a turn for the better after one of her long-standing bankruptcy cases was officially resolved. 

The former glamour model and television personality had been set to appear in court on Tuesday for a public examination into her finances, 

but a judge has now lifted the suspension on her bankruptcy.

While this means she is no longer bound by the terms of that particular bankruptcy case, a second bankruptcy order, linked to an unpaid tax bill exceeding £750,000, remains in place. 

This could also be resolved in the near future if creditors take action before a scheduled hearing in April.

One Bankruptcy Lifted, Another Remains

Price was initially declared bankrupt in 2019 after struggling to manage her debts, leading to legal scrutiny over her financial affairs. At the latest hearing, Insolvency and Companies Court Judge Sebastian Prentis ruled that the suspension on the bankruptcy should be lifted, allowing it to be formally discharged.

However, despite this progress, a second bankruptcy order—issued last year due to unpaid taxes—remains active. If creditors decide to intervene before the next scheduled hearing in April, this issue could also be resolved. Until then, Price must continue to meet financial obligations imposed by the court.

Ongoing Financial Commitments

The 46-year-old reality star has been making payments toward her debts, including a court-mandated order requiring her to contribute 40% of her earnings from adult content platform OnlyFans. This arrangement, which began in February last year, is set to continue until at least February 2027.

Price, who was declared bankrupt for the second time in March 2023, has also met with creditors in an effort to resolve her financial difficulties. In September, she provided details of her income, assets, and financial situation at a meeting, which was part of the bankruptcy process.

As long as the second bankruptcy order remains in place, Price is required to continue making payments from her OnlyFans earnings to her trustee.

Court Orders and Financial Scrutiny

At her previous court appearance, Price was ordered to disclose details about her assets, including her well-known pink Range Rover. While the specifics of that meeting were not made public, the court’s ongoing review of her finances underscores the level of scrutiny she continues to face.

Despite the challenges, Price did not attend the latest hearing in person. Instead, the matter was handled in her absence, with the judge confirming the resolution of her first bankruptcy case.

From Page Three Model to Businesswoman

Katie Price first rose to fame as a page three model before successfully transitioning into television. She became a household name through appearances on reality shows, including I’m a Celebrity…Get Me Out of Here!, where she famously met her first husband, singer Peter Andre.

Beyond television, she has built a diverse career that includes ventures in publishing, music, and business. She has authored multiple books, launched her own fragrances, and even attempted to represent the UK in the Eurovision Song Contest.

Despite her business ventures, financial difficulties have followed her in recent years, leading to the legal proceedings that have now resulted in two bankruptcy declarations.

Advocacy and Public Presence

Outside of her entertainment career, Price has also used her platform to advocate for social causes. She has been vocal about online bullying and worked to push for stronger laws against internet abuse, particularly after her son Harvey became the target of online harassment. Her campaign efforts even took her to Parliament, where she pushed for changes in legislation.

What’s Next for Katie Price?

With one bankruptcy case now resolved, Price may have the opportunity to rebuild her financial standing. However, the second bankruptcy order remains a significant hurdle. If creditors move to settle the case before April’s hearing, she could find herself in a much more stable position.

Until then, she must continue making payments from her OnlyFans earnings, as well as comply with any additional court orders regarding her assets and financial disclosures.

While she has faced numerous challenges in recent years, Price has proven time and again that she is resilient. Whether this marks the beginning of a financial turnaround remains to be seen, but for now, at least one aspect of her bankruptcy troubles is behind her.

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