Kerry Katona declared bankruptcy?

Posted on August 23, 2008

Kerry Katona and husband Mark Croft.

Kerry Katona, an ex-singer of Atomic Kitten, and now reality TV star, has declared bankruptcy at a court hearing, after she was unable to pay a tax bill. Bit** couldn’t pay her bills!

Kerry Katona initially had a huge tax bill of $834,000 but managed to get it reduced to $164,000. The Revenue and Customs department wanted to go ahead and declare Kerry Katona a bankrupt. Katona has been unrepentant and did not pay her tax bill. She was known to have splashed out big sums of money buying cars and motorbikes for her husband, Mark Croft.

Katona earns $1.5 million per year to represent Iceland, a supermarket chain. She earns $800,000 per annum as a columnist. This could explain why her taxes were considerable amounts. I think I could pay my bills just fine with a huge income like that. Learn to save Kerry…. damn!