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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.

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‘I’m honored’ -Actor Ninalowo Gets Role To Mobilize Atlanta Support For Tinubu’s Re-Election

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Bolanle Ninalowo has been named the Atlanta, USA, coordinator for Relax Tinubu Is Fixing Nigeria (RTIFN), a group supporting President Bola Ahmed Tinubu.

The actor expressed excitement over the appointment, posting images that included the All Progressives Congress (APC) logo and Nigerian symbols to encourage support from the diaspora community.

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‘The conflict is behind us’ – Churchill confirms reconciliation with Tonto Dike

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Olakunle Churchill, ex-husband of actress Tonto Dike, has confirmed reconciling with her ten years after their messy divorce.

Ekwutosblog reports that Tonto Dike had on Saturday announced a reconciliation with Churchill, described the development as an end to their 10 years of online battles.

Reacting to the actress’ reconciliation post on his Instagram page on Sunday, Churchill said “The conflict is behind us.”

 

While expressing surprise after years of separation from his son, he noted that the purpose of their reconciliation is to  co-parent, and not to be as a couple.

“I was surprised when I received a call for the first time from my son, calling me “Daddy” was deeply touching & a reminder that what God can not do does not exist.

The conflict is behind us. We’re now focused on co parenting with love, care, & a shared commitment to raising our son. I look forward to a future filled with collaboration, respect, and peace trusting God to guide me,” he said.

Ekwutosblog reports that Tonto Dikeh got married to Churchill in August 2015, and welcomed their son, King Andre, in February 2016.

The actress who was rumoured to have left Churchill barely two years after their marriage, officially announced her divorce in July 2017 over alleged infidelity and domestic violence.

They have constantly engaged in online altercations since their controversial split.

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Peace Has Replaced Chaos – Tonto Dikeh Confirms Reconciliation With Ex-Husband, Churchill After 10 Years Of Public Feud

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Nollywood actress and politician Tonto Dikeh has reconciled with her former husband, Olakunle Churchill, bringing an end to their decade-long public feud.

Tonto and Churchill were married in 2015, but their union collapsed less than two years later amid allegations of infidelity, intense public controversy and child custody battles.

In an emotional post shared on her Facebook page, Tonto attributed the reconciliation to divine intervention, humility and sustained prayers, stressing that what human efforts could not repair was healed through faith and obedience to God.

While describing the reunion as a divine restoration after years of public conflict and separation, Tonto Dikeh said peace has replaced chaos after nearly a decade of dispute, bitterness and broken communication.

According to the movie star, the renewed relationship was built on humility, forgiveness and love for their child, and encouraged people facing similar challenges not to lose hope.

She wrote, “We are living proof that the Word of God is eternal and unfailing. God is not a God who abandons what He has started. When He begins a work, He stays with it until it is completed.

“After ten long years of public battles, deep wounds, broken communication, bitterness, and pain, God stepped in. What looked ugly, impossible, and beyond repair has been touched by mercy. Peace has replaced chaos. Respect has returned where anger once lived. What human effort could not fix, God healed by salvation, humility, and the sincere prayers of a child.

“This restoration is not by might, not by wisdom, not by strength but by the Spirit of the Lord. When God moves, the human mind cannot comprehend the process. He softens hearts, silences the enemy, and rewrites stories that looked finished. Every plan of darkness has failed. Stubbornness has bowed. Pride has melted. Love has found its voice again for my child.

“I am deeply grateful to the father of my child Dr kunle for yielding to God’s word and choosing peace. Obedience to God always births restoration, even when the road has been long and painful. To anyone standing where I once stood, tired, wounded, misunderstood, and believing nothing good can come out of the situation.please hear this: God has not abandoned you. Your story is not over. What He has started, He will surely perfect. Keep praying. Keep choosing love. Keep trusting God even when it hurts.

“May this restored relationship remain built on the solid rock of God’s mercy, protection, grace, and mighty hand. May it stand as a living testimony that God never fails, never forgets, and never walks away from His own. If God did it for us, He can do it for you. To my spiritual father, Papa, thank you for grooming a God-fearing, impact-making woman out of a Total Mess.”

https://www.instagram.com/p/DT5df1YiIG9/?igsh=bnhyczJ0M3AxNmN4

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