KATIE Price has set her sights on £194k pink Porsche after being made bankrupt for SECOND time over £750k tax debtSince the hearing, Katie shared a video of a hot pink Pink Porsche GT3RS on her Instagram story.Court Judge Sebastian Prentis said that the media personality had not responded to HMRC over the debt and declared her bankrupt.
She said: "I'm so threatened with court letters, and I've been to court more times than I've had hot dinners lately. I am not scared of court anymore."I'm fed up with the reminders and why I'm in . I genuinely don't care if I go to prison, because it's done then."We were kicked off flight for being too BIG & told to book two seats
"I could do a story when I come out of me in prison, and it's a win-win situation isn't it? It wouldn't affect my job. I wouldn't be in there long." Katie added: "If they keep threatening me, just do it. 'If you do this you could go to prison.' Just do it."In the UK being bankrupt is limited to applying to individuals but in the US and some other countries, it can be applied to companies as well.In the modern world, it normally involves a restructuring of debts in an attempt to rehabilitate those who owe the money and sometimes continue with their business.
Additionally, there are several different types of insolvency, only one of which is bankruptcy, these include:administration
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Source: MetroUK - 🏆 13. / 82 Read more »