"Kate Middleton's Parents Face Financial Struggles After Business Collapse"
Kate Middleton's parents, Carole and Michael, were unable to pay the 326,838-dollar fees owed to an insolvency firm after their business, Party Pieces, collapsed with debts of 3 million dollars. The company, which they founded in 1987, went into administration and was eventually sold to a buyer, leaving the insolvency firm with limited funds to meet obligations to creditors.