Three years after she was declared bankrupt, Kerry Katona has now cleared off all her debts.
Apparently the reality star used the �350,000 she earned from appearing in Celebrity Big Brother to settle the remainder of her debts ? so she?s now able to have a mortgage and a credit card again (to get herself into more debt presumably).
Kerry has been telling pals she?s ?relieved and proud? to have sorted out her dire finances. A source told a Sunday newspaper today:
?She?s really chuffed, and she should be too. She put her head down, worked hard and done the right thing.
?The �people in charge of her bankruptcy thought she would blow all her Big Brother money but she handed it over to them to settle her debt.
?They?ve made it clear they will not object to any request she makes to the courts to have her bankruptcy discharged.?
Now that she?s got her cash flow problems under control it?s thought that her friends have been urging her to turn her back on celebrity in order to launch a more normal life for herself, apparently they think she should use her money to start an upmarket salon.
Do you think she?ll be able to resist the urge of the spotlight though?
Nah, thought not.
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