Kate Garraway facing £150,000 bill to liquidate late husband Derek Draper’s company
Kate Garraway’s late husband, Derek Draper, died in January following complications from Covid
Kate Garraway has been dealt another financial blow after being hit with a £150,000 final bill to liquidate her late husband Derek Draper’s business.
The Good Morning Britain host, 57, has previously laid bare her fears over the large debt she faces following the long-term care of her late husband, a former lobbyist and New Labour insider who reinvented himself as a therapist.
Ms Garraway took on significant care duties when Draper became seriously ill with Covid in March 2020 until he died in January, aged 56.
She has been open about the crippling costs of care and in an interview on March she estimated the debt to be between £500,000 and £800,000.
She is now facing a further huge bill to liquidate Mr Draper’s psychotherapeutic company, Astra Aspera.
The Sun reported that she has been told to pay a £32,000 flat fee plus 40 per cent of assets recovered from the company, as well as a £112,836 bill to repay a director’s loan taken out by her late husband.
It added that liquidators are investigating whether any other assets can be used to pay off company debts.
The company was closed with £184,096.96 of debt, which left Kate with a £716,000 tax bill, according to the publication.
Leave a Reply