Katie Price has seen a reprieve in her ongoing bankruptcy ordeal after the latest court hearing was pushed back.
Price, 44, was declared bankrupt in November 2019 after falling into serious debt of £3.2million. She was previously ordered to pay £12,000 off every month for four years to her creditors after taking out an individual voluntary arrangement (IVA) in 2021, but failed to do so.
She managed to avoid going to jail In February this year over the failed repayments, after reportedly agreeing to a last-minute deal. According to the alleged terms, Price would pay a ‘small contribution’ to reduce her debt, as well as a new payment plan.
Her bankruptcy trustees were also said to be keen to hear how much she had been paid for recent work commitments, including her Channel 4 series Mucky Mansion, which saw her renovate her dilapidated home in West Sussex.
According to the Mail Online, Price’s follow-up hearing was adjourned at the last-minute on Tuesday. A spokesperson for the Royal Court of Justice reportedly told the publication that the case had been ‘vacated’ with a new date for a hearing to be arranged.
It has been a stressful year for Price mired with various legal woes.
In December, she was again spared a jail sentence following her drink-driving arrest two months prior. Instead, she received a sentence of 16 weeks suspended for 12 months, 100 hours of unpaid work, 20 sessions of rehabilitation work with probation, and a two-year driving ban.
Price completed her 100 hours of community service in May and vowed to keep volunteering, saying her mental health had benefited from the work.
However, she faces going to jail for up to five years after pleading guilty to breaching a restraining order by sending ex-husband Kieran Hayler an abusive text about his fiancée Michelle Penticost. She was bailed until sentencing takes place on June 24.
The reality star will also appear in court next month where she is expected to plead not guilty to a speeding charge stemming back to September 2021.
Metro.co.uk has reached out to Price’s reps and the Royal Courts of Justice for comment.
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