Katie Price, aged 45, has been bankrupt for the second time, burdened with an outstanding tax bill exceeding £750,000.
This setback comes after her previous declaration of bankruptcy in 2019, when her debts had soared to £3.2 million.
![Katie Price has been declared bankrupt for the second time](https://i0.wp.com/www.thesun.co.uk/wp-content/uploads/2024/03/katie-price-attends-sky-women-872867580_64f0c5.jpg?w=788&ssl=1)
![The model, see here with first husband Peter Andre, claims here money troubles have been caused by her exes](https://i0.wp.com/www.thesun.co.uk/wp-content/uploads/2024/03/singer-peter-andre-tv-personality-826811650_5b07b1.jpg?w=788&ssl=1)
![Katie has been married three times, including to Kieran Hayler from 2013 to 2021](https://i0.wp.com/www.thesun.co.uk/wp-content/uploads/2024/03/exclusive-kate-price-kieran-hayler-17286307.jpg?w=788&ssl=1)
The former glamour model attributes her financial downfall primarily to her past relationships, lamenting that without the involvement of men in her life, she might have avoided such dire financial circumstances.
Speaking candidly on Elizabeth Day’s podcast, “How To Fail,” Katie revealed the mental torment and emotional abuse she endured in her relationships, suggesting that these experiences may have influenced her career choices, including her entry into glamour modeling.
Katie disclosed that she sought therapy to address the post-traumatic stress disorder (PTSD) triggered by her past relationships, underscoring the significance of open communication and seeking professional help in navigating such challenges.
Despite her financial troubles, Katie revealed a new relationship with “Married At First Sight” star JJ Slater on Instagram. She hinted at newfound happiness while expressing weariness with marriage.
Reflecting on her past marriages, particularly her relationship with Peter Andre, Katie admitted to rushing into subsequent relationships in an attempt to recreate the familial bliss she once enjoyed.
However, she conceded that these marriages may have been impulsive rebounds, driven by a longing for the stability and domesticity she shared with Andre.
Now committed to self-improvement and personal growth, Katie has embarked on a journey of self-discovery through therapy, aiming to identify and address recurring patterns and red flags in her romantic relationships.
Katie is aware that self-awareness and introspection are essential to developing healthy dynamics in future relationships, and she is determined to overcome her past issues despite her resilience.
Her openness about her experiences serves as a reminder of the importance of mental health awareness and seeking support when facing adversity.
As she navigates through this turbulent period in her life, Katie remains hopeful that her newfound insights and resilience will lead her to a brighter future, both personally and professionally.
![Katie was married to Alex Reid for two years from 2010](https://i0.wp.com/www.thesun.co.uk/wp-content/uploads/2024/03/8f6f79da-7d3f-41f9-8058-037c186673ce.jpg?w=788&ssl=1)
![The mum-of-five is now dating MAFS star JJ Slater](https://i0.wp.com/www.thesun.co.uk/wp-content/uploads/2024/03/2fa7fb12-530e-4da3-b93b-43b9865dcd31_188896.jpg?w=788&ssl=1)
With the support of her loved ones and her commitment to self-improvement, Katie is determined to emerge stronger and more empowered from her past hardships.
Her journey serves as a testament to the human capacity for growth and resilience, inspiring others to confront their own challenges with courage and determination.
Katie Price continues to be a symbol of courage and tenacity in spite of the difficulties she has encountered, showing us all that there is always hope for a better tomorrow, even in the depths of our despair.