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Friday 13th December 2019

Katie Price breaks silence on money woes after being declared bankrupt

She was declared bankrupt earlier this week

Just days after being declared bankrupt, Katie Price has broken her silence on her money woes.

The mother-of-five briefly spoke about cash during a 20 minute video she posted to her YouTube channel on Friday titled 'Katie Price Answers the Web's Most Searched Questions'.

In the footage, which could have been recorded before she was declared bankrupt, Katie said she believes talking about money is "unattractive" as she refused to answer what her new worth is.

Katie refused to answer what her net worth is (Credit: YouTube)

Read more: Katie Price declared bankrupt weeks before Christmas and 'risks losing £2million mansion'

When the question came up, Katie said in the video: "I hate talking money. I have never spoken about money. Everyone seems to know what I have got but guess what no one knows but me.

"It's really unattractive to talk about how much money you've got or not got or got.  So that's the answer to that. Only I know."

Everyone seems to know what I have got but guess what no one knows but me.

Earlier this week, Katie - who was once reputed to be worth £45 million - was declared bankrupt after reportedly failing to pay off debts.

According to MailOnline, Katie was declared bankrupt in court after having been pursued by the taxman and creditors but did not attend or send a solicitor.

Katie said she believes talking money is "unattractive" (Credit: Splashnews.com)

There had been a plan in place for Katie to pay her creditors £12,000 a month.

However, it's been reported that the former glamour model failed to stick to the agreement.

Judge Jonathan Middleton said: "I do judge Ms Price to be bankrupt. The date is today and the time is 12:35. Ms Price isn't present or represented so there is, as far as we can identify, no opposition."

Meanwhile, it's been alleged that Katie could risk losing her £2million West Sussex mansion.

Read more: Bankrupt Katie Price tells friends she could be 'homeless by Christmas'

The reality TV star has also reportedly told friends she could be "homeless" before Christmas.

A source told The Sun: "She said to friends that she might be homeless by Christmas, but there’s nothing she can do about it now. She's looking for somewhere to rent nearby.

"She's joking that she’s saved herself 'millions' by going broke and at least people won’t be bothering her for money now everyone knows she’s got none."

ED has approached a representative for Katie for comment.

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