‘I am stressed’ admits Katie Price – as she reveals real reason she WON’T attend bankruptcy court despite threat of jail

KATIE Price has revealed she won't attend her next bankruptcy court hearing after she missed the last one - and was threatened with jail.

The TV star hit back at claims she had "gone off on a jolly" in Cyprus after missing her bankruptcy hearing last month.

Katie, 45, said she had been legally signed off by a psychiatrist and a consultant doctor - and has been receiving outpatient treatment at The Priory.

The mum insisted she is taking her court proceedings "very seriously" and has been found mentally incapable of being cross-examined in front of the public and the media.

Speaking to her sister Sophie on the latest episode of their podcast, the emotional star said: "I was supposed to come away [on holiday] no one knew I was coming away other than professionals around me.

"The court knew that I wasn't going to my bankruptcy because mentally I have been signed off from any kind of activity of the court. To be cross examined in front of the media and the public.

"I am taking my bankruptcy so serious, like I do everything else, it is a very serious situation that I am in."

Addressing claims she had ignored her financial woes, the star continued: "It does look like 'she's just gone on holiday'.

"No. There were just four days in my diary that I was able to go away."

Sophie interjected, saying: "How it looks ... as if you don't turn up to court hearings, you make excuses but you'll f**k off on holiday. That's how it looks."

Katie replied: "The public are influenced, but you've got my words from me here when I say I'm not mentally able and stable to go into court at the moment. I am only doing what my body and brain can do at the moment.

"I am taking the bankruptcy seriously. It's not like I've jetted off on a five star holiday, and also let me say something.

"It's not my fault that my friend came to this hotel a week before me and told them [the hotel staff] I am coming and to look after me.

"So when I came here they upgraded me for nothing. This holiday was actually a very cheap holiday.

"There's reasons I don't want to be in my surroundings at the moment. I'm having a difficult time.

"I'm looking after myself, the way I feel, I look after myself better.

"So there is another court hearing and I won't be going to that either. I want everyone to know."

She ended on the matter, saying: "I needed a break from whats going on behind the scenes, my little head is quite fragile at the moment, so I can only do what I can do.

"I'm not ignoring anyone, I'm not fooling anyone, I'm engaging with everyone.

"What I've learned from the past is never ignore anything, communicate, and that's what I'm doing.

"I'm doing mentally everything I can because I don't want to go back down to having a breakdown.

"So I'm in the gym, being healthy, being focused and being positive."

The ex-glamour model was due to give evidence about her finances at the High Court.

But at the start of the hearing, it was revealed Katie told lawyers less than 24 hours before that she couldn't attend.

A barrister told the judge: "It's quite apparent that the evidence was filed very late and not even filed with the court.

"We are in a very serious situation as a consequence. She may be held in contempt of court, imprisoned, fined or a warrant issued for her arrest."

Katie was declared bankrupt for a second time last month over an unpaid tax bill of £761,994.05.

The Sun revealed Katie was in Cyprus on her court date.

The star later shared photos with her boyfriend JJ at a luxury resort.

Katie was previously declared bankrupt in November 2019, with debts of £3.2million.

She now faces losing her £2million Sussex pad, dubbed her Mucky Mansion, or face the wrath of bailiffs.