Hiya Maz
They can only go Br if they are insolvent, they have so much locked up in assests that its more profitable for the creditors for them to go bankrupt than to accept a lower offer in an IVA.
At the end of the day, they cant pay their debts, the same as us. I reckon it may even be more difficult for them than it is for us, they are recognised everywhere, even though they wanted that fame and attention. The culture here is celeb culture, how hard must it be for a celeb to live frugally??? Our annonimity is a priceless treasure.
I say live and let live, whatever she and others like her have done, they surely wouldnt sleep well at night with this hanging over their heads. I doubt she is happy or ever has been, attention seekers never are...