The former glamour model, who was previously declared bankrupt in 2019, owes £761,994.05 to HM Revenue and Customs.
At a short hearing at London’s Rolls Building, Insolvency and Companies Court Judge Sebastian Prentis said Ms Price had not responded to HMRC over the debt and declared her bankrupt.
He said: “There has been no response from the debtor. The papers are in order.
“There is substantial debt due from Ms Price to HMRC and therefore I will make a bankruptcy order.”
Ms Price did not attend the hearing on Monday.
This follows a Daily Mirror article published earlier today in which reporter Katie Wilson writes “Tory MP James Wild has called for tougher punishments for repeat driving offenders like Katie Price, who has been banned six times and has convictions dating back 20 years.”