Katie Price goes er, bust

Katie Price has been declared bankrupt  after failing to pay back her massive debts. The former glamour model, 41, has been failing to pay £12,000 per month to her creditors after taking out an individual voluntary arrangements (IVA). JMW Solicitors, who represented the insolvency practitioner overseeing Price’s IVA, brought this to court after Price failed to keep up with the terms of her agreement. The mother-of-five, previously known as Jordan, chose not to come or send a lawyer to the…