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Daily Mirror
Daily Mirror
Entertainment
Molly Pike

Bankrupt Katie Price 'demanding cash' from Peter Andre and Kieran Hayler after 'bankrolling' them

Katie Price has been declared bankrupt but is said to have a plan to get her finances in order.

The former glamour model, 41, is reportedly demanding cash from her exes, including Peter Andre and Kieran Hayler, after "bankrolling" them throughout their relationships.

She risks having her assets taken away and being left homeless after blowing her £45million fortune.

It's claimed that Katie has spent a grand total of £2million on her former lovers and thinks it's about time they paid her back.

A source close to the mum-of-five told The Sun Online : "Katie is broke - but her exes aren't.

Katie Price has been declared bankrupt (GC Images)
She's reportedly demanded cash from her exes, including Peter Andre (Phil Loftus/Capital Pictures)

"She's told both of them that she expects some cash from them as she bankrolled them for years when they were married.

"She was always the money-earner, while they enjoyed her millions.

"Now the shoe's on the other foot, she doesn't see why they wouldn't help her out.

"It's payback time. She says she spent a fortune falling in love with the wrong men - now it's time to get what she's owed."

Katie and Kieran Hayler (Getty Images Europe)
KATIE PRICE SPLURGES ON MEAL IN SWANKY ESSEX RESTAURANT AND DANCES AROUND AMID BANKRUPTCY

There is no suggestion that Katie's claims are true.

Mirror Online has contacted reps for Katie and Kieran.

Reps for Peter declined to comment.

Katie was declared bankrupt at a London court, on Tuesday, having blown her entire fortune over the years.

The bombshell didn't bother turning up in person - nor did she send a lawyer to fight her corne

JMW Solicitors, who represented the insolvency practitioner overseeing Price's IVA, said: "She hasn't acknowledged the petition."

The mum-of-five has blown her fortune (Ken McKay/ITV/REX)

She had submitted a payment plan in the form of an Individual Voluntary Agreement late last year to manage repayments of an estimated £250,000 of debt.

But Katie was unable to meet her creditors' demands and couldn't pay back the six-figure amount in time.

She was supposed to be paying off £12,000 a month to her various creditors.

But Katie failed to satisfy the terms of her debt plan and in September a bankruptcy charge was laid on her West Sussex mansion.

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