Katie Price sets out plan to prevail after £750k bankruptcy following arrest

Katie Price is set to overcome her financial woes next year, with a strategy involving adult entertainment platform OnlyFans and furthering her singing ambitions. Having faced bankruptcy for the second time earlier this year over an unpaid tax bill totalling £761,994.05, Katie is determined to leave her monetary troubles in the past.

A recent postponement of a court hearing related to her costs occurred in August, granting her the alternative option to partake in a "private interview". Katie, who initially experienced bankruptcy in 2019, has been ordered to allocate 40 per cent of her income garnered from OnlyFans until February 2027 to service her debts.

After missing a prior court appearance, the ex-glamour model found herself under arrest at Heathrow Airport in August and received a strict caution from the judge to ensure attendance at her subsequent hearing or risk another arrest. Reflecting on the year's challenges, the mother-of-five disclosed her aspirations for a definitive turnaround.

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In conversation with Closer Magazine regarding her anticipation for 2025, she said: "More singing! I'm going to be bringing out new stuff."

She added: "I love doing my OnlyFans, too. There will be no more of this bankruptcy. All of that's behind me, so I can just get on with my life," reports the Mirror.

Currently, Katie is engrossed in pantomime, joining forces with pal Kerry Katona, 44. The duo is acting as the evil step-siblings in Northwich Memorial Court's production of Cinderella.

The Sun reports that Katie is set to receive a £50,000 fee for her participation in the show. An insider revealed: "Katie knows her worth and she won't take a penny less. Despite everything she's a shrewd negotiator and her name still has some pull when it comes to booking gigs."

The panto organisers are reportedly delighted with the response to Katie and Kerry's involvement in the show, viewing it as money well spent.

The show has allegedly smashed box office records following the announcement of their participation. A statement on the theatre's official Instagram stated: "Since our casting news broke earlier this evening, we have sold the highest number of tickets that we've ever sold in a single day during our last 14 years in Northwich!"