Katie Hopkins has entered IVA to avoid bankruptcy

She did it on the sly too.

The ever-controversial Katie Hopkins has entered into an IVA to avoid bankruptcy. An Individual Voluntary Agreement, or an IVA, is a formal alternative for individuals wishing to avoid bankruptcy. Hopkins lost a libel case against a celebrity cook Jack Monroe in 2017, and was made to pay £24,000 in damages. She was found to have wrongly accused Monroe of defacing a war memorial at a protest. Monroe took to Twitter to announce the news on Saturday night. https://twitter.com/BootstrapCook/status/1041007160765894658 Monroe revealed that she had not been able to reveal the information for legal reasons until now. The author also took one last dig at Hopkins, saying: "The arbitrary defender of free speech didn't want anyone to know, ironically..." Another tweet followed explaining the extent of Hopkins' financial state, saying: "I have been paid in full, but many of her creditors, including my lawyer, will not be paid what they are owed. "For the want of an apology, a house, a job, a column, a radio show, and now financial solvency, were lost. It's all very sad, actually."