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Katie Price’s bankruptcy hearing to be held at High Court today

The case will be heard at a specialist insolvency and companies court

A hearing over Katie Price’s finances is due to be held at the High Court.

The former glamour model was given time to try and reach an agreement with creditors following an earlier hearing.

Her case is listed to be heard at a specialist insolvency and companies court in central London on Tuesday.

Katie Price at ITV Gala
Katie’s finances hearing is due to be heard in London on Tuesday (Credit: Splashnews.com)

The 40-year-old, formerly known as Jordan, has tied the knot three times and has recently been in the headlines following the collapse of her most recent marriage to Kieran Hayler.

Read more: Loose Women’s Linda Robson sends her love to Katie Price

She has also recently revealed that her mother Amy Price has been diagnosed with idiopathic pulmonary fibrosis (IPF) – the same disease which killed Keith Chegwin.

Katie Price And Husband Leaving Cafe De Paris In London
Katie’s marriage to third husband Kieran Hayler ended earlier this year (Credit: FameFlynet.uk.com / SplashNews.com)

The former I’m A Celebrity… Get Me Out Of Here! star was once said to be worth more than £40 million.

At a hearing in August, a specialist insolvency judge was told Katie and her creditors had agreed to an adjournment to allow time for the consideration of an Individual Voluntary Agreement (IVA).

An IVA is a formal agreement which lets people with debt repay their creditors at an affordable rate, in a bid to avoid bankruptcy.

Katie was once said to be worth more than £40 million (Credit: Fameflynet)

Speaking to the Press Association after the hearing, a representative for the reality TV star said: “Katie is aware of the hearing and is working with her advisers to resolve her current financial issues.

“She hopes to be in a position to do so and reach agreement with her creditors.”

Katie did not appear at the earlier hearing.

The Loose Women panellist announced in May that her marriage to third husband Kieran had ended following fresh allegations about his fidelity. They share children Jett, five, and four-year-old Bunny.

They married in January 2013 following a whirlwind romance.

The star also has son Harvey, 16, from her relationship with ex Dwight Yorke and children Junior, 13, and Princess, 11, with first husband, Peter Andre, whom she split from in 2009.

A second marriage to Alex Reid lasted from 2010 until 2011.

Read more: Katie Price breaks her silence to slam “disgusting” stories about her rehab visit

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