Popstar Kerry Katona declared bankruptAugust 21st, 2008 - 11:24 pm ICT by IANS
London, Aug 21 (IANS) British singer-turned-reality TV star Kerry Katona has been declared bankrupt.The order was given Thursday after the diva failed to pay the final $164,000 of a $834,000 tax bill due on her, reports contactmusic.com.
The high court in London allowed her legal team an extra hour to produce the final balance, but they failed to resolve the matter.
Her representative, Luke Harris, previously declared that the funds were available but cheques had not been cleared in time and said he was “not in a position to assist further” when called back into court.
The petition against the star was issued in January this year but Katona, who was not present in court, failed to reduce the outstanding bill.
Katona, a mother-of-four, left pop band Atomic Kitten in 2001 and went on to win TV reality show “I’m A Celebrity…Get Me Out of Here” in 2004.
She was awarded substantial damages in July this year after a newspaper claimed she had worked as a prostitute prior to finding fame.