Crazychick
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Katona given bankruptcy retrieve *UPDATED*yah5.gif I don't know how these celebrities end up bankrupt after the amount they earn.
| Quote: | Kerry Katona has until August 7 to pay off a tax bill and avoid bankruptcy.
Deputy High Court bankruptcy registrar Middleton gave the ex-popstar six weeks to find £157,000 to settle the remainder of her £417,000 tax bill.
Katona's representative Luke Harris told the court that she could not make the payments at present due to "changed circumstances".
He said: "She had not been able to earn the money (at the time of an earlier court hearing) but on this occasion, she has earned it."
Katona is reportedly expecting to earn £472,000 before the end of August.
Harris added: "She's also strenuously seeking to remortgage her properties. But if the money comes in there is no need. I would ask for one final indulgence by the court."
HM Revenue & Customs representative Henderson Collymore said the organisation did not want any further delays and was seeking a bankruptcy order.
SOURCE: DS
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sam
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I won't tell you what I really think of her cos I'd get banned lol.
Surely if she's going to be earning that much couldn't she get the money early to pay it off?
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julie
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Have you seen how many vehicles she has bought that waste of space husband of hers ? And I would imagine drugs cost a fair bit too !
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Maid Marian
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As usual, one rule for the rich.... 
All she has to do is sell a couple of those cars and she'd have enough money to pay the tax bill AND her mortgage!
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Spirithunter
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She's wasted so much money on trivial things, she needs to clear that tax up before she has any more children!
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Maid Marian
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Would you believe she's got away with it again  
| Quote: | Katona given bankruptcy reprieve
Television personality and former Atomic Kitten star Kerry Katona has been given two more weeks to pay off the remainder of a £417,000 tax bill.
Miss Katona, 27, from Wilmslow, appeared in court in June and was given until Thursday to pay £157,000.
Lawyers representing Miss Katona and HM Revenue & Customs told a judge at the Bankruptcy Court that the parties had agreed to another "short adjournment".
Miss Katona was not present for the hearing at London's High Court.
Agreeing to adjourn the case for two weeks, the registrar said: "I am going to mark it for settlement of the balance. I am going to mark it final."
He stressed that bankruptcy petitions "are not to be held over someone's head indefinitely".
Privacy plea
Mr Registrar Nicholls ordered that, when the matter returned to court on 21 August, the Revenue would have to elect whether it wished to proceed with the petition, dismiss it, "or to have the bankruptcy order made".
Luke Harris, representing Miss Katona, had asked for the case to be heard in private.
But Mr Registrar Nicholls refused, commenting that the "general rule is that these matters should be heard in public".
In June Mr Harris said Miss Katona was expecting payments of £472,000 before the end of August - £291,000 for work already done.
He asked for "one final indulgence by the court" and the case was adjourned.
No financial details were given in Thursday's hearing
The bankruptcy petition was issued against Miss Katona in January. |
Source BBC
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Leo
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she may have to sell several pairs of shoes to pay off the tax man
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julie
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Wasn't her mother in court this week for claiming benefits she wasn't entitled to as well ?
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Crazychick
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Anyone else wouldn't have been given any time at all.
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Spirithunter
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| julie wrote: | | Wasn't her mother in court this week for claiming benefits she wasn't entitled to as well ? |
And i think she got off as well
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Kellie
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Source the press association
Kerry Katona lost a race against time over a tax bill and was made bankrupt at a High Court hearing.
The former Atomic Kitten star reduced her £417,000 tax bill to £82,000 but HM Revenue and Customs (HMRC) insisted on pressing ahead with the bankruptcy petition first issued in January.
Mr Registrar Nicholls agreed to make the order after giving 27-year-old Katona a final hour to come up with the balance.
Luke Harris, representing Katona who was not in court, asked the registrar to put the matter back, saying funds were available but cheques had not been cleared.
Mr Harris said as soon as the money was ready, it would be brought to the court and given to Mike Thomas, the lawyer representing HMRC.
But the registrar called the parties back into the court and Mr Harris said he was "not in a position to assist further
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Crazychick
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About time too
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Maid Marian
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Here, here 
Looks like she'll have to out that surgery on hold now too 
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