A High Court hearing over Katie Price’s finances has been adjourned for nearly three months.
A judge at the Rolls Building in central London agreed to put off a hearing while the ex-glamour model, formerly known as Jordan, tries to reach an agreement with her creditors.
The 40-year-old did not appear for the hearing on Tuesday, which lasted less than two minutes.
Katie has tied the knot three times and has recently been in the headlines over the collapse of her latest marriage to Kieran Hayler.
Read more: Katie Price’s kids bond with her new boyfriend on day out
The former I’m A Celebrity … Get Me Out Of Here! star was once said to be worth more than £40 million.
A representative for the reality TV star told the Press Association: “Katie is aware of the hearing and is working with her advisers to resolve her current financial issues.
“She hopes to be in a position to do so and reach agreement with her creditors.”
Judge Barnett, sitting in a specialist insolvency and companies court, was told that Katie and her creditors had agreed to an adjournment of the case to allow time for the consideration of a Individual Voluntary Agreement (IVA).
An IVA is a formal agreement which lets people with debt repay their creditors at an affordable rate, in a bid to avoid bankruptcy.
The judge agreed to adjourn the case until October 30.
Katie has not commented on the situation.
Katie announced in May that her marriage to third husband Kieran had ended following fresh allegations about his fidelity. They share children Bunny, four, and Jett, who turns five later this month.
They married in January 2013 following a whirlwind romance.
The star also has son Harvey, 16, from her relationship with ex Dwight Yorke and children Junior, 13, and Princess, 11, with first husband, Peter Andre, whom she split from in 2009.
A second marriage to Alex Reid lasted from 2010 until 2011.
https://www.instagram.com/p/BmJxtwwBOyR/?hl=en&taken-by=officialkatieprice
The breakdown of Katie’s third marriage is currently playing out on TV screens in the new series of her reality show, Katie Price: My Crazy Life, which airs on Quest Red.
In the most recent episode, aired on Monday night, fans saw Katie take Junior and Princess on holiday to South Africa without Kieran, who was left at home admitting to the cameras the trust had gone between them.
Katie is currently romancing weight loss specialist Kris Boyson.
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