Katona 'to be evicted in the New Year'

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Katona 'to be evicted in the New Year'

Postby dutchman » Sun Dec 20, 2009 12:17 am

Kerry Katona is reportedly facing eviction in the New Year.
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The News of the World claims that the former Atomic Kitten star, who was declared bankrupt last year, has failed to keep up with her mortgage payments.

"She was totally hysterical when the letter arrived," a source said. "She hasn't paid the mortgage because she's been squandering what money she has left. Kerry seemed to think she was immune from losing her home. She really didn't think that she, Kerry Katona, would have her house taken from her.

"But now the reality has hit hard - there is no going back, Kerry has lost her home for good. It is too late to negotiate with the mortgage lender, they have given her too many chances. She has just a few weeks to find somewhere to live but she knows it is probably going to be back in a council house in Warrington where she grew up."

The insider also claimed that Katona had "squandered" the money allocated for her living costs by the trustees in charge of her finances.

"Instead of paying the mortgage and being sensible, she has continued with her millionaire lifestyle and run up £200,000 worth of fees concerning her bankruptcy," the source added. "The mortgage should have come first but Kerry thought she could wriggle out of it. Now she's literally lost the roof from over her head."

A spokesperson for Deloitte, the company dealing with Katona's bankruptcy, said: "Whether somebody is bankrupt or not they must pay their mortgage or face losing their home."

Katona's mother Sue is apparently also facing eviction as Kerry owns her house. She previously said that her daughter has "ruined" her life by not looking after her finances.
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