Scared Katie warned 'This is your last chance'

Katie Price's airport arrest is forcing her to finally take her bankruptcy situation seriously, as the judge warns her she must attend her next court appearance

- Shelley Spadoni

Katie Price has had a turbulent time lately – and that’s saying something. You could argue that the former glamour model leads a roller-coaster existence at the best of times between court battles, house moves and the ups and downs of her colourful love life.

After a brush with the threat of prison, which must surely have shaken the mother-of-five, a source has claimed that recent events have definitely stopped the star in her tracks.

Katie, whose £1.5 million ‘Mucky Mansion’ in West Sussex has been sold just weeks after she was evicted for failing to make mortgage payments, has had a huge wake-up call, the source claimed, which has led the 46-year-old to vow to be more sensible in future.

“Katie has been given her last chance now – the judge in court made that very clear,” said the source. “There aren’t any more excuses left for her and she knows that now. It’s been a real wake-up call and really worrying for her. The tide has turned on her. The bankruptcy stuff has been going on for a long time, but this time has been really scary.

“Being arrested at an airport and being spoken to by the judge took it up a level. She knows she’s on her last chance now. Even for Katie, who has dealt with a lot in the past, that was a real shock.”

After skipping a court hearing relating to her £760,000 bankruptcy, an arrest warrant was issued on 30 July.