Kerry Katona has her Porsche repossessed

Kerry Katona has had one of her and husband Mark Croft’s “his and her” Porsches repossessed.

The former Atomic Kitten star, who was temporarily ruled bankrupt earlier in the year, is said to have failed to keep up the £800-a-month payments on her £70,000 grey Porsche Cabriolet and watched this week as it was towed away by the funding finance company.

A source told the News of the World: “She was really upset but the Porsche won’t be the last thing to go.”

Kerry leased the car in May 2007 and earlier this year bought husband Mark his own £100,000 black 911 Porsche Turbo. She was declared bankrupt by a court in August after failing to pay a £82,000 tax bill - and her financial problems were made even worse after she was lost her lucrative OK magazine column in the wake of her slurred interview with this morning.

The source added that Kerry’s main income is now her £250,000 advertising deal with Iceland - but the frozen food firm is going to reassess her deal in the New Year: “Kerry’s really sweating on the Iceland deal.

“She’s doing her best to sort out her finances and wants to pay back every penny to the taxman.”