Katie Price: why has she been declared bankrupt?

Former glamour model has reportedly spent all of her £45m fortune

Katie Price
Katie Price at the National Television Awards in 2017
(Image credit: Jeff Spicer/Getty Images)

Katie Price was declared bankrupt yesterday after the High Court was told she had failed to stick to a plan to repay her debts.

The Daily Mail says the 41-year-old former model and reality TV personality, who once charged thousands of pounds for a brief personal appearance, had been pursued by creditors and the taxman after revealing she has splashed her entire £45 million fortune.

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