Katie Price bankruptcy: Former glamour model 'has pleaded with ex Peter Andre for help' amid financial woes
She narrowly avoided being declared bankrupt last week.
And Katie Price is said be 'begging' for the help of her ex-husband Peter Andre, amid her financial woes.
According to Closer Magazine, the former glamour model, 40, felt she had no where else to turn, and was 'scared' for her future.
Helping out: Katie Price is said be 'begging' for the help of her ex-husband Peter Andre, amid her financial woes (pictures together in 2009)
Peter - who shares daughter Princess, 11 and Junior 13, with Katie - allegedly reached out to the TV star upon hearing about her financial woes.
A source told the publication: 'She replied straight away, saying she's scared for the future and is going to need his help.
'She's said at times that she feels as if she's in hell and doesn't know where to turn.'
Worried: According to Closer Magazine , the former glamour model, 40, felt she had no where else to turn, and was 'scared' for her future
Despite years of frosty receptions and tension between the former couple, Katie is said to be grateful for Peter's helping hand.
'Many of her recent actions were a cry for help and the fact that Pete has stepped in is a blessing as he's the only one she wants - or would allow - to rescue her' the source added.
MailOnline have contacted Katie's representative for comment.
The couple's children - Princess and Junior - moved in with their father last month in order to provide stability during Katie's personal woes.
Tight knit: Peter - who shares daughter Princess, 11 and Junior 13, with Katie - allegedly reached out to the TV star upon hearing about her financial woes
Supportive: Despite years of frosty receptions and tension between the former couple, Katie is said to be grateful for Peter's helping hand
The TV personality narrowly avoided bankruptcy last week as the star, who was once worth a reported £45 million, was awarded three months to pay off her mounting debts,
Katie was not present at the High Court Roll's building in London on Tuesday, but her team submitted proposals for an individual voluntary agreement (IVA).
She is already thought to be selling her £2million West Sussex mansion, which she bought in 2014, as well as all of her beloved farmyard animals.
Katie has been bidding for months to stave off bankruptcy, following the demise of her third marriage to Kieran Hayler, 31, and the collapse of her businesses.
Upset: Katie has been bidding for months to stave off bankruptcy, following the demise of her third marriage to Kieran Hayler, 31, and the collapse of her businesses (pictured 2015)
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