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British media personality and model Katie Price has been declared bankrupt.
The former glamour model who is in debt of £800,000 was declared bankrupt Tuesday during a hearing at the Insolvency and Companies Court in London after failing to follow through her payment plan of £12,000 a month for four years to her creditors.
Price who was once estimated to have been worth £45 million (N20,982,768,750), now faces losing her properties, which includes her £2million nine-bedroom home in West Sussex. Read more