Princess Catherine’s Mom 'Desperately' Trying To Shield Her From Middleton Family's MASSIVE Debt
perezhilton.comYikes — cancer isn’t the only problem the Middleton family is dealing with right now. Princess Catherine‘s mother is “desperately” trying to shield the royal from an intense family crisis, according to a new report!
Apparently family business The Party Pieces Company went into administration last summer amid owing creditors £2.6 million.
This means they needed to hire a firm to come in and help them restructure the business to make it profitable — or to sell off assets to recoup the money, which they did.
But now they’re still in hundreds of thousands of dollars of debt! Like, it’s REALLY bad! Related: How Prince William Feels After Princess Catherine’s Cancer Diagnosis According to The Times UK on Monday, Carole Middleton and her husband Michael Middleton cannot come up with the “£260,000 (over $329,000 USD) insolvency firm costs” for their embattled business. Interpath Advisory, whom they hired to manage the collapse, can’t even get paid for their work!
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