Katie Price glams up for night out – hours after being declared bankrupt  – News
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Katie Price glams up for night out – hours after being declared bankrupt – News


 Katie Price has been seen putting her glad rags on for a night out, despite being declared bankrupt by a judge only hours before  The model and media personality was seen rocking a skintight dress and thigh-high boots as she enjoyed a night out in Cardiff  Katie’s makeup artist shared a string of glam snaps of the star on Instagram shortly after the news broke about Katie’s bankruptcy  The 41-year-old was seen posing against a wall to show off her sassy ensemble.  She teamed her feather-lined dress and satin boots with some silver necklaces and baby pink nails  The mum-of-four also rocked poker-straight long locks and immaculate makeup, which included dramatic lashes and glossy lips  Captioning the post, makeup artist Zoe James wrote: “Look who’s in Cardiff. Makeup again for Katie Price ”  Katie, who was once worth an estimated £45 million, avoided bankruptcy in December 2018 after agreeing a plan to pay back what she owes  She had submitted a payment plan to the court, known as an Individual Voluntary Agreement (IVA) to manage her repayments This totalled an estimated £250,000.  An IVA is a formal agreement with creditors, which lets people with debt pay it back at an affordable rate  However, Katie was failing to pay back £12,000 a month and was therefore unable to pay back creditors in time  Judge Jonathan Middleton, sitting at a specialist insolvency and companies court, said: “I do judge Ms Price to be bankrupt ”  JMW Solicitors, who represented the insolvency practitioner overseeing Katie’s IVA brought this to court after she failed to keep up with the terms of her agreement  Katie and her lawyer chose not to attend the hearing at the Insolvency and Companies Court  Daily Star Online has contacted Katie’s spokeswoman for comment.

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