Katie Price flogs her used designer heels ahead of bankruptcy hearing
Katie Price is flogging her worn clothes for as little as £5 ahead of her bankruptcy hearing on Wednesday, April 12.
The former glamour model, 44, has returned to Depop to sell off some of her old clothes including stained Balenciaga sandals for £100 and heels for £150.
The reality star is also trying to sell off a pair of black ankle boots for £60 and a worn pair of jeans for £45.
Katie informed her Instagram followers on Monday she would be selling off more old clothes on the site, saying: ‘Depop drop at 7pm tonight…get ready to shop’.
The mother-of-five has been a longtime user of the site and has sold over 2,500 items and has just under 800 reviews from customers.
Money maker: Katie Price is flogging her worn clothes for as little as £5 ahead of her bankruptcy hearing on Wednesday, April 12
Style: The former glamour model, 44, has returned to Depop to sell off some of her old clothes including stained Balenciaga sandals for £100 and heels for £150 (pictured)
Worn: Katie informed her Instagram followers on Monday she would be selling off more old clothes on the site, saying: ‘Depop drop at 7pm tonight…get ready to shop’
It was previously reported Katie managed to bag £5,000 in just nine months after flogging her secondhand clothes on the site.
Among designers featured in Katie’s collection are Burberry, Stella McCartney, Ivy Park, Fila and Topshop, with many unworn and still with tags.
The Sun reported that Katie could have potentially have earned around £35,000, if the rest of her catalogue had similar sales to that of the last nine months.
The reality star has previously hit headlines for her Depop sales, with Katie even deactivating the account in January ‘after disgruntled fans complain they paid for clothes that never arrived’.
Katie was declared bankrupt in 2019. She vowed to pay back £12,000 a month to creditors of the firm through an individual voluntary arrangement.
The bankruptcy meant Katie, once worth a reported £45million, faced losing her £2million 11-bedroom mansion.
She took out a second mortgage on the property in 2015, but faced monthly payments of £12,300.
Katie was hit with a repossession order on the property in November 2021.
Quids in: The mother-of-five has been a longtime user of the site and has sold over 2,500 items and has just under 800 reviews from customers
Money: Among designers featured in Katie’s collection are Burberry, Stella McCartney, Ivy Park, Fila and Topshop, with many unworn and still with tags
Home: Katie’s bankruptcy in 2019 meant the star, once worth a reported £45million, faced losing her £2million 11-bedroom’ ‘Mucky Mansion’
Sources told The Sun at the time that she has failed to repay a debt of more than £500,000 on the property.
Following years of incomplete renovations, the house was nicknamed the ‘mucky mansion’ with Katie even showcasing the extent of the mess on her reality series My Crazy Life.
At the time of the bankruptcy, Katie was said to be £100,000 in arrears on mortgage repayments.
She was also believed to have spent £120,000 on housekeepers, gardeners and nannies – and around £25,000 a year on plastic surgery.
The star also spendt £1,500 a week on manicures and pedicures, £1,000 on hair appointments and £800 on massages every other day, reported the Daily Mirror.
