Katie Price is set to lose nearly half of her monthly income after a High Court ruling.

Price was declared bankrupt in November 2019 and did not stick to previous court agreements.

At a hearing in London, barrister Darragh Connell, who is representing the trustees in this case, told the court that Katie had previously reached a voluntary agreement over her debts but had failed to pay the agreed figures.

According to Mr Connell's written submissions, this agreement required Ms Price to make 36 monthly payments of £12,500 along with a lump sum payment. 

On Thursday, the trustees involved in the case approached the High Court to request an income payments order.

This means money would go automatically from her salary towards paying her outstanding debt.

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Insolvency and Companies Court Judge Catherine Burton said that four companies, including OnlyFans, are "obligated to deduct 40 per cent of the income due to be paid to Ms Price" every month for the next 36 months.

The 40 per cent will be paid to a bank account chosen by the trustees.

Katie is set to answer questions about her finances in April.

In a previous conversation with TV personality Michelle Visage on her Rule Breakers podcast, Katie said she had attended court "more times than I’ve had hot dinners".

Katie also opened up about her bankruptcy and mental health struggles on Jeremy Vine's Channel 5 show in March last year.

She said bankruptcy was not something to be "ashamed" about.

During an October 2020 hearing, Katie said to the court: "I just haven’t been able to deal with these issues or in the right mental state to understand everything that has been going on."

She admitted her engagement with creditors and officials might seem "too little, too late" but insisted that the "progress is real" and that she had provided financial information.