Kerry Katona made bankrupt
Kerry Katona has been made bankrupt after losing a race against time at a High Court hearing.
The reality TV star star reduced her £417,000 tax bill to £82,000 but HM Revenue and Customs (HMRC) insisted today on pressing ahead with the bankruptcy petition issued in January.
Mr Registrar Nicholls agreed to make the order after giving Katona, 27, a final hour to come up with the balance.