Showbiz

Katona's Porsche seized by repo men

Published Sunday, Dec 21 2008, 09:39 GMT | By Daniel Kilkelly
Katona's Porsche seized by repo men

Rex Features

Kerry Katona was visited by two repo men this week after defaulting on the payments for her £70,000 Porsche Cabriolet, a report claims.

The troubled reality TV star took the car home in May 2007 but has since failed to keep up with her £800-a-month payment schedule, according to the News of the World.

Katona was declared bankrupt by the High Court in August after failing to pay the final £82,000 of a £417,000 tax bill.

Discussing the repo men's visit, a friend of Katona told the newspaper: "She was really upset but the Porsche won't be the last thing to go."

The former Atomic Kitten singer is now said to be "desperate" to hold on to her £250,000 contract with frozen food chain Iceland, which is now her main source of income.

"Kerry's really sweating on the Iceland deal," the source explained. "She's doing her best to sort out her finances and wants to pay back every penny to the taxman."

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