Kroy Biermann And Kim Zolciak Are Desirous Of Expeditiously Selling Their Residence
Kroy Biermann And Kim Zolciak Are Desirous Of Expeditiously Selling Their Residence
Updated on September 01, 2023 16:06 PM by Lillian Pari
Kim Zolciak-Biermann, a former reality show Real Housewives star, has been struggling financially for a considerable time. As per sources, the Inner Income Administration has held up a government lien against Kim Zolciak-Biermann and her life partner, Kroy Biermann, for over 1.1 million bucks.
Besides, these monetary troubles adversely affect the couple's marriage, as there are reports that Kim Zolciak-Biermann and Kroy Biermann are currently separating. Get to know interesting updates from factswow.com.
Financial challenges for a long time
It has been reported that in the autumn of last year, Kim Zolciak-Biermann and Kroy Biermann defaulted on a loan of 1.65 million dollars that was secured against their home in Fulton County, Georgia.
Previously, a magazine had reported that Truist Bank intends to auction off this property in March of 2023. However, Kim Zolciak has refuted the report above through an Instagram post. In her statement, she explicitly stated that her house had not been sold for $257,000. Add Block
The estimation for the house
She added that it would be preposterous to assume she would let go of a property invested with millions of dollars for such a meager amount. It is important that the Georgia above home has been assessed to be valued at multiple million bucks.
On October 23, 2012, it had a price tag of $880,000 on the market. Since then, Kim Zolciak-Biermann and Kroy Biermann have been residing in the said property. Recent reports suggest that the couple has filed for divorce after being married for eleven years.
The great contribution of the finance
Financial issues might have contributed to the breakdown of their marriage. The couple shares four children: Kroy Jagger, Kash Kade, Kaia Rose, and Kane Ren. Additionally, Kroy Biermann has adopted Kim Zolciak's daughters, Ariana and Brielle.
According to the reports, the marriage has been considered hopelessly broken without really any desire for compromise, with the division date being April 30. Kim is requesting spousal support and full custody of the children.
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