Sunday, July 7, 2013

Bankrupt Kerry Katona puts her wedding to George Kay on hold... as she hits out at payday loan company for dropping her

By Emily Sheridan

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Kerry Katona has been forced to put her upcoming wedding to fiance George Kay on hold after being declared bankrupt.

The Atomic Kitten singer filed a petition in Wigan County Court last Tuesday after struggling with money problems for the past 10 months.

Her latest financial troubles have led Kerry to lose her role as a spokesmodel for payday loan company Cash Lady, something she is furious over.

On hold: Kerry Katona and fiance George Kay, pictured in Dublin on June 27, have postponed their wedding

On hold: Kerry Katona and fiance George Kay, pictured in Dublin on June 27, have postponed their wedding

In an interview with Sunday's The Sun, the mother-of-four said she is now renting in Wigan after moving out of her former ?3,000-a-month in Surrey.

Kerry told The Sun alleged Cash Lady fired her publicly as the face of their firm, rather than tell her privately.

She said: 'I'm the best thing that ever happened to that firm. they got their pound of flesh, then ditched me at the first sign of trouble...

'How dare they tell everyone about my financial problems... It was my moment of need and they stabbed in the back.'

Controversial: Kerry was the face of payday loan company Cash Lady until last week

Controversial: Kerry was the face of payday loan company Cash Lady until last week

Kerry's interview with the paper comes several days after Cash Lady announced they had terminated their contract with the reality star.

A spokesperson from PDB UK Ltd, which trades under the name Cash Lady, said: 'We were sorry to hear about Kerry?s current financial situation. Clearly, as a business, we are committed to responsible lending, so it is with sadness that we will not be able to continue using Kerry as the face of Cash Lady.

'We enjoyed working with Kerry a lot, and we wish her all the best in her future endeavours.'

Earlier this week, the singer tweeted: 'Morning twitter! Hold your head high and be proud, never be ashamed! Always try your best and believe in yourself! Have a great day xxx.

Earning her bread: Kerry with her Atomic Kitten bandmates Liz McClarnon and Natasha Hamilton in London on Wednesday

Earning her bread: Kerry with her Atomic Kitten bandmates Liz McClarnon and Natasha Hamilton in London on Wednesday

'No matter what life throws at you, hold your head high and know you've done your best!! :-) xxxx.'

Kerry's latest money troubles marks the second time she has been made bankrupt in five years.

She was first made bankrupt in August 2008 after failing to deliver the final ?82,000 of a ?417,000 tax bill.

Despite her plans to marry for the third time, Kerry has postponed the wedding and had to scale back her lifestyle drastically.

She admitted only eldest daughter Mollie, 11, is now in private school after she was unable to keep her other children Lilly-Sue, Heidi and Max in private education.

Source: http://feedproxy.google.com/~r/dailymail/tvshowbiz/~3/lUWleobWEV8/Bankrupt-Kerry-Katona-puts-wedding-George-Kay-hold--hits-payday-loan-company-dropping-her.html

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