27 November 2019 04:33

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  • Earlier today, Katie was declared bankrupt after failing to pay back spiralling debts.

Earlier today, Katie was declared bankrupt after failing to pay back spiralling debts.

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KATIE Price is facing more legal trouble after going bankrupt – she's being sued by ex toyboy Charles Drury. Insiders say that her ex boyfriend sent her a legal warning after hearing that she "slags him off" in new episodes of her reality show, My Crazy Life. 5 Katie faces more legal drama thanks to her reality show Credit: Youtube/KatiePrice "Charles was furious when he heard she'd be talking badly about him in the show. He's worried she'll slam his work as a builder – and as a boyfriend," says the source. "He's got the backing of his management team to take action against her if she so much as mentions his name in a negative way.

Katie Price in MORE legal trouble after bankruptcy as toyboy ex threatens to sue her for slamming him in TV show

"They've also contacted the TV company that makes the show. He won't let Katie get away with anything and will be watching very closely when it airs on 8 December." In the trailer for her new show, Katie is seen taking her friend around the mucky mansion and complaining about an unnamed builder who has "let her down". 5 Charles is threatening to sue his former flame Credit: Paul Edwards - The Sun 5 The pair had a brief fling earlier this year The Sun Online have contacted her rep for comment. Earlier today, Katie was declared bankrupt after failing to pay back spiralling debts. She was supposed to be paying back £12,000 a month to her creditors as part of her IVA – but hasn't done so. She was once worth an estimated £45 million. But now, Katie faces losing her £2 million "mucky mansion" in Dial Post, West Sussex and having her assets taken and sold by an appointed trustee to pay her debts. Her fate was decided during a hearing at the Insolvency and Companies Court in London today. 5 Katie Price was declared bankrupt earlier today Credit: BackGrid 5 The star faces more legal woes Credit: Quest Red Katie Price declared bankrupt after failing to pay back spiralling debts Most Read In TV & Showbiz Exclusive PRICED OUT Tipsy Katie Price blames Peter Andre for bankruptcy in bizarre train rant JUNGLE ROAST I'm A Celeb viewers slam 'controlling' James Haskell for 'disrespecting' Andy CURSE STRIKES BACK Strictly stars enjoy 'secret romps' as show rocked by 'surprise romance' Exclusive SCARE MYLES 'Raging' Dan Osborne flies to Oz early to confront Myles over affair claim Exclusive GET ME OUT Jacqueline threatens to quit I'm A Celeb after Myles claims Dan DID cheat on her ENDER HER TETHER Jacqueline stunned as Caitlyn says IAC has too many 'f***ing soap people' The reality TV star, who was not present at the hearing and was not represented at court, was declared bankrupt at 12.25pm. She had avoided going bust last December by agreeing a plan to pay back what she owed. Katie was allowed to enter into the IVA, the deal to pay back some of her debts, when she agreed to pay the £12,000 a month over the course of four years. She is believed to have debts of around £800,000 in total.

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