BANK FORECLOSES ON KIM AND KROY’S HOME

Debt has yet to be settled

Truist Bank has filed court documents arguing that it has the right to foreclose on Kim Zolciak and Kroy Biermann’s home, despite their ongoing divorce, due to the couple’s default on their mortgage. The bank notes that it voluntarily halted foreclosure efforts in October, but is now seeking to exercise its rights to collect on the debt. This marks the second time the couple has faced foreclosure on their home.

The bank argues that the couple has failed to meet their mortgage obligations, opposing Biermann’s plea for a restraining order to halt the foreclosure, and maintains that the request should be rejected, allowing the bank to proceed with the foreclosure process.

Page Six reports that Truist intends to take action to recoup its losses if the outstanding debt is not paid off through the sale of the couple’s $6 million mansion. Zolciak and Biermann had previously asked for a temporary halt to the foreclosure proceedings in October, which Truist claims it granted voluntarily. However, this is now the second time the couple is facing the threat of foreclosure on their home.

Amidst a contentious divorce, former “Real Housewives of Atlanta” star Kim Zolciak and Kroy Biermann are entangled in a web of financial disputes, leading to heightened tensions and police involvement despite a court order to occupy their shared residence separately. In a bid to alleviate financial strains, Zolciak has resorted to offloading her luxury possessions through online sales.

Tensions Between Kim Zolciak and Kroy Biermann Reach a Boiling Point

Kim Zolciak and Kroy Biermann’s divorce has turned increasingly acrimonious, with disputes over their finances intensifying. Despite a court order to occupy their shared residence separately, their conflicts have escalated, requiring police intervention. To alleviate financial strain, Zolciak has resorted to selling her designer possessions online.

Biermann alleges that Zolciak’s sold items are worth a significant amount, hundreds of thousands of dollars, and is questioning how the proceeds from the sales are being used, suggesting that none of the funds have been used to support their shared assets or marital estate.