Katie Price has been declared bankrupt at a court in London.
The former glamour model avoided bankruptcy in December last year after agreeing a plan to pay back what she owes. But, at a hearing in London on Tuesday, a judge declared her bankrupt.
Judge Jonathan Middleton, sitting at a specialist insolvency and companies court, said: “I do judge Ms Price to be bankrupt.”
The 41-year-old, formerly known as Jordan, was once said to be worth more than £40 million.
At a hearing in October last year, she was given time to negotiate a deal with the taxman over her finances and her proposal for an Individual Voluntary Agreement (IVA) was accepted on November 30.
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