Katie Price cleared of bankruptcies despite £750k tax debt

Katie Price has been discharged from both of her bankruptcies after a lengthy financial struggle that included a significant unpaid tax bill exceeding £750,000. Following a recent Zoom hearing, she expressed her relief and gratitude to her supporters, stating she can now focus on the positive aspects of her life. Price's debt stemmed from unpaid income tax, VAT, and penalties related to self-assessments up until 2022. Despite previous challenges, including a court order to pay a portion of her OnlyFans earnings until 2027 and an arrest warrant for missing a court date, she has made strides in complying with bankruptcy regulations. Her legal representative noted that with expert advice, Price has successfully navigated the bankruptcy process. She is now optimistic about rebuilding her previously impressive fortune, estimated at £100 million.