Katie Price has suffered a big blow after being told she will have her income from TikTok suspended as part of efforts to pay off money owed under her two bankruptcies. The former glamour model was declared bankrupt in November 2019 and again in March this year, and is due to face questions over her finances in London later this month. Now she will have the cash made from the social media platform withheld, it has been decided.
The star earns thousands every week from the app, boasting over 1.6million followers but she won't be able to get her hands on the cash, it has been decided. In February, a judge at a specialist bankruptcy court ordered that the 46-year-old must pay 40% of her monthly income from the adult entertainment website OnlyFans until February 2027.
Barristers for the trustee of her bankruptcies had previously asked for the order to be extended to cover TikTok, but lawyers for the platform said that while it did not oppose the move, it could not consent to it due to the mechanisms of how content creators are paid. On Monday, Insolvency and Companies Court Judge Catherine Burton said it was “appropriate” to order the “suspension of further payments” to Price from the platform until a solution could be found. Katie was not in attendance at the remote hearing and was not represented.
In February, Judge Burton ordered Price to pay 40% of her income from OnlyFans into a bank account chosen by the trustee to pay off her debts. Barrister Darragh Connell, repre.