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Kate Middleton’s parents are heavily in debt

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Creditors accused the Middletons of treason and did not believe they would return their money.

The parents of Princess of Wales Kate Middleton, Michael and Carol Middleton, are facing severe financial problems. Their company, Party Pieces Holdings, went bankrupt. Lenders said the couple owed nearly £2.6 million. The Daily Mail reported this.

As you know, in 1987, the Middletons founded a company that sells party supplies.

The company was then bought by businessman James Sinclair, who headed Partyman, a company that operated soft playgrounds and organized children’s entertainment.

At least one of Party Pieces Holdings’ investors said the company “duped” them when concerns arose about how much it owed.

“The £2.6m debt includes a payment of £218,749 to RBS to cover a Coronavirus Business Interruption loan, £1.4m in unsecured loans and £456,008 payable to other creditors,” the statement said.

And according to insiders, the amount they owe HMRC is more than everything they owe.

It can be remembered that the father of the wife of the British Prince Harry Meghan Markle – Thomas showed anger again because he still did not see his grandchildren.

Kate Middleton’s parents have sold their business
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Source: korrespondent

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