it’s crunch time for des­per­ate Katie

The star is re­fus­ing to ac­cept bank­ruptcy

Heat (UK) - - THIS WEEK -

Pic­tured shop­ping in Pound­land last week, Katie Price’s fi­nan­cial fu­ture is hang­ing in the bal­ance as she con­tin­ues to fight off cred­i­tors ahead of her bank­ruptcy hear­ing next week. And ac­cord­ing to sources close to the re­al­ity star, who was once thought to be worth £40mil­lion, she’s grow­ing in­creas­ingly des­per­ate. In fact, we’re told the 40 year old is con­sid­er­ing all op­tions to dig her­self out of the hole, in­clud­ing de­mand­ing cash from her ex Dwight Yorke for child-sup­port back pay­ments and “clean­ing pub floors”.

“Katie is run­ning out of op­tions, but she’s too proud to ad­mit that she’s hit rock bot­tom,” an in­sider tells heat. “She’s said she’s go­ing to start over her way, and if that means go­ing to work as a nurse and wip­ing peo­ple’s back­sides, then she will. She says she’ll clean pub floors if she has to.”

The for­mer glam­our model man­aged to stave off bank­ruptcy last month, af­ter sub­mit­ting a last-minute pro­posal to pay back her debts – thought to be around £500k. She’s now set to ap­pear in court in early De­cem­ber to dis­cover if her plan has been ac­cepted. But while friends are said to be en­cour­ag­ing her to ac­cept in­sol­vency – ar­gu­ing it will give her the breath­ing space to re­pair her life – Katie’s “re­fus­ing to ad­mit it’s the only way for­ward”.

We’re told, “She sees it as a black mark against her name, but the truth is she’s brought down her own em­pire. She sees bank­ruptcy as ad­mit­ting de­feat, and def­i­nitely doesn’t want Peter [An­dre, her ex] telling her, ‘I told you so.’”

Last week, the mum of five shared a baby photo on In­sta of el­dest son Har­vey, 16, with his fa­ther Dwight Yorke – who hasn’t made con­tact for ten years – adding the cap­tion, “To who has never been there for him, just re­mem­ber: it’s never too late.” We’re told Katie’s now seek­ing £500,000 from the for­mer foot­baller, claim­ing he owes her way more for Har­vey’s high med­i­cal and dis­abil­ity ex­penses over the years.

Mean­while, we’re told friends have an­other cause for con­cern – Katie’s hinted that she’s plan­ning an­other baby, this time with on/off boyfriend Kris Boyson, and may al­ready be preg­nant with her sixth child. “Katie’s stub­born – she lis­tens to no one,” our in­sider says. “Maybe the hear­ing will force her to fi­nally sit up and take no­tice.” n

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