But Kerry Katona is determined to change public opinion and assure that she did what she could to prevent it happening once again.
Speaking to Eamonn Holmes and Ruth Langford on This Morning on Thursday the mother-of-four insisted: ‘I took any job I could to stop it happening.’
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Did what she could: Kerry Katona has opened up about her second bankruptcy on This Morning on Thursday
Explaining how her money troubles got out of control again, she explained: ‘I stayed bankrupt for a good few years. I paid nearly half a million back.
‘It was an 82,000 tax bill that made me bankrupt. I’ve paid more tax back than the majority of people have in a life time.’
Paid up: Kerry revealed that she had been paying tax but her latest bill was just too high
Loved up: The star was joined on the sofa by her fiance George Kay who she says has been a support to her
But the star, who was joined by her fiancé George Kay on the sofa, admitted that the first time round her bankruptcy was due to her being hit by a large tax bill after not putting aside money each month.
Continuing: ‘Well I want to make it really clear you’re not going to see me have a breakdown. You’re not going to see money bring me down.’
On hold: The couple admitted that they would be taking a more sensible approach towards their wedding
Quizzed: Eamonn didn't hold back when it came to his line of questioning
George revealed: ‘We used to knock about as kids together.’
And when asked what she was like at that age, he replied: ‘She was beautiful but very very loud. Nothing’s changed. I’ve always loved her I think, you were beautiful, weren’t you?
Her muscly man continued: ‘I did ask her to marry me when I was sixteen, ’ but he admitted he had had a few to drink at the time and it wasn’t in all seriousness.
Bright and breezy: Kerry wore a pair of loose fitting blue trousers and a pink vest top
However Eamonn wasn’t entirely convinced and said to George: ‘I like her very much but if I was you I would say to myself ‘she’s a lovely girl but she might be trouble.’’
Childhood sweethearts: The couple spoke about how they had met when they were 14 years old and used to hang out
Loved up Kerry continued: ‘I’ve never felt more secure. I never have insecurities. He always says you’ve never had anyone to care for you.’
Concluding her interview she said: ‘What I’ve learnt in life is I feel very grateful, I feel very blessed. Money isn’t everything, I’ve got my health, happiness and it feels like I’ve got all the money in the world because I’ve got all that.'
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