Katie Price admits she ‘loves’ being bankrupt as she shares plans for more kids with fiancé Carl Woods

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Katie Price has admitted she “loves” being bankrupt – and wants to stay in it for as long as she can.

In an exclusive interview with OK! magazine, Katie, 42, said her bankruptcy is the best thing that’s ever happened to her as she opened up about her wedding plans with fiancée Carl Woods.

“I’ve been sucked dry in the past. I was mentally abused and broken by everyone,” she said. “It’s not like I have skeletons in my closet but everyone tried to get everything they could out of me. But now, I can go to sleep at night and I just think, ‘F**k it.’

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“My bankruptcy is the best thing that’s ever happened to me.”

Katie, who was first declared bankrupt in November 2019 after the High Court found she had failed to stick to a plan to repay her debts, continued: “Because anyone who has ever been in my life before has tried to take from me, financially mostly.

"Now they can’t, as I’m in a bankruptcy. I love it.

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"It has been a secret security to me that Carl is not with me for any money I have, as I don’t have millions in the bank.

“I want to stay in bankruptcy as long as I can. It’s only supposed to be a year and I’m like, ‘No!’ The longer I can keep it up, the better for me."

She added: "I don’t mean that as I will. My accounts are getting back on track, all is in hand and life, work and business are going from strength to strength.”

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Katie has also shared her plans to have children with Carl after exclusively revealing their engagement to OK!.

The star, who is already mum to Harvey, 18, Junior, 15, Princess, 13, Jett, seven, and Bunny, six, said: “We’ve got the YouTube channel, we’re going to be doing a reality show, we’re moving in together, we’re going to have kids.”

She added: “My mum can’t wait for us to tie the knot and my mum can’t wait for us to have a baby and that’s important because obviously my mum is terminally ill.

"She just wants to be there and see it all and see me be happy.”

Katie has also admitted her mum's illness is an incentive for her to walk down the aisle sooner rather than later.

"I want my mum well enough to be able to attend the wedding. Time is precious. Also, I want my mum to be able to rest easy knowing I’ve finally found someone I’m happy with," she confessed.

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