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Fashion: Former glamour model, Katie Price declared bankrupt for the second time

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Former glamour model, Katie Price has been declared bankrupt for the second time over an unpaid tax bill worth more than £750,000.

 

Price was previously declared bankrupt in 2019, owes £761,994.05 to HM Revenue and Customs.

 

The model who was previously declared bankrupt in November 2019, with debts of £3.2million, did not send a lawyer to her recent hearing which is the latest in a long string regarding her financial woes.

 

She now faces losing her £2million Sussex pad, dubbed Mucky Mansion – or could see bailiffs come round to repossess anything that could help pay back the government department.

 

At London’s Rolls Building, Insolvency and Companies Court Judge Sebastian Prentis said “there has been no response from the debtor. The papers are in order. There is substantial debt due from Ms Price to HMRC and therefore I will make a bankruptcy order.”

 

45-year-old Katie has dodged court for months after the case was moved half a dozen times since November 2021. The reality star and model is battling to save her £2million Sussex pad after running up debts of £3.2million.

 

According to court papers, £535,700 in unpaid national insurance or self-assessment tax make up the majority of the debt, as well as £40,000 in late payment fines.

 

In addition, she owes over £140,000 in missing VAT payments on top of almost £10,000 in VAT surcharges. The £761,994 claim is thought to be for a “liquidated sum”, which suggests she may need to sell assets or real estate to release equity.

 

The judge said;

 

“This petition was presented on 27 November 2023. It is in the sum of £761,194.05. That sum derives from self assessments for the years 2020-2021.

“And for that year 2021-2022 the amounts payable under those assessments were £142,405 and £196,735. The other main category on the petition is VAT due on returns. There are eight of those, being the returns between 31 August 2021 and 31 May 2023.

“The total of those is a little in excess of £140,000. Just as with the income tax self assessments, no payments at all have been made.

 

“The balance of the petition is therefore penalties and surcharges and interests and such like. The statutory demand in support of the petition was served personally on the 10 October.

“On 31 January 2024 there has been no response from the debtor and the papers are in order. There is a substantial debt due from Mrs Price to HMRC and I will therefore make a bankruptcy order at 12.03pm.”

 

The Channel 4 reality star is due to give evidence before an insolvency court in London next month in connection with her first bankruptcy. She is expected to give evidence to a judge about her income to show how she can pay off her debts.

Entertainment

Drama As Jesse Jagz Storms Daddy Freeze’s IG Live, Blasts Him And Other Nigerians For Discussing 2Baba’s Marriage (Video)

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Rapper, Jesse Jagz, last night joined the Instagram live session of media personality, Daddy Freeze,to cuss him and other Nigerians for discussing 2Face Idibia’s alleged marital crisis.

Earlier on Monday, December 1, Tori News reported that a former manager of 2Face, Kaka Igbokwe, had an interview with Daddy Freeze on IG where he made some shocking allegations about 2Face’s marriage to Natasha.

Kala alleged that Natasha is severely abusive towards 2Face and that things are so bad 2Face feels like he is a ‘’House Husband”. He also alleged that the couple abuse drugs and would need Rehab and Therapy to heal.

He went further to claim that Natasha is now in control of 2Face’s finances and has been making bad decisions with the monies in her possession.

His revelation left many in shock, and calls were made for 2face to be “rescued”. The singer came out on Wednesday, December 3, to appeal to Nigerians to ‘’cease fire” as the hate on his wife Natasha is dangerous and puts her in harms way.

In the live session with DaddyFreeze, Jesse jags said 2Face is a legend and should be left alone. He went further to say he will be living Jos where he is based to Abuja to go and free 2Face.

His appearance and countenance during the live session however raised concerns amongst some Nigerians as he was smoking while speaking.

“I am physically heading from Jos to Abuja tomorrow morning. I am physically going to remove 2Baba make him go drink beer. Make him smoke Igbo” he said

Watch the video below:

https://www.instagram.com/reel/DR1Hp4yDOyW/?igsh=MXZiZnFwcnc1ajhlZg==

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2Baba Cries Out For Help in Now Deleted Instagram Post

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This morning, 2Baba posted “Help Me” on his Instagram stories, but less than 20 minutes later, the message vanished.

For the past few days, his relationship with his current wife, Senator Natasha Osawaru, has been under serious scrutiny, as a series of public incidents have surfaced and fuelled widespread speculation about the state of their marriage.

His cry for help should not be taken lightly. But who will answer him?

Will it be his family, his close friends, or the entertainment industry that has benefited from his legendary career?

At this point, one thing is clear. The music icon seems to be calling for real support and those around him cannot afford to look away.

 

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Rapper Abdulkareems Instagram And Facebook Accounts Suspended After Release Of Song Inviting US President Trump To Nigeria..

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The social media accounts, Facebook and Instagram of popular Nigerian musician and activist Eedris Abdulkareem have been suspended by the management of the microblogging site Meta.

It was gathered that his accounts were flagged and taken down, with no access, less than a week after the music star released a new single titled “Open Letter to Donald Trump.”

In the song, Abdulkareem addresses the President of the United States, Donald Trump, appealing for his quick intervention to help resolve crises, particularly the security challenges confronting Nigeria.
Released under his label, Lakreem Entertainment, on TikTok on November 29, 2025, the song is described as both a message to the US President and a sharp critique of Nigeria’s political elite.

Abdulkareem describes Nigerian leaders as “criminals of all shades and hues” who enrich themselves while citizens suffer amid severe insecurity, including kidnappings, killings, and terrorism.
While singing “dem dey fear Donald Trump,” the rapper positions the song as an effort to bring global attention to Nigeria’s deepening crises.

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