Before Kim Zolciak-Biermann made headlines for her divorce from her estranged husband, kroy biermann, the former couple publicly dealt with financial issues. Keep scrolling to find out if the reality star is broke, learn about her money woes, and more.
Is Kim Zolciak-Biermann Bankrupt?
Kim has an estimated net worth of $300,000, aaccording celebrity net worth
However, she is reportedly in debt and apparently struggling financially.
Kim Zolciak-Biermann and Kroy Biermann’s house went into foreclosure?
In contact confirmed in October 2022 that Kim and Kroy defaulted on a $300,000 loan which had been taken at their marital residence in Alpharetta, Georgia. The property eventually entered foreclosure proceedings and was scheduled to be auctioned on March 7, 2023.
In February, the do not be late The stars managed to reach a last-minute deal to keep the house and prevent Truist Bank from selling it.
What other financial problems did Kim Zolciak-Biermann and Kroy Biermann face?
More of Kim and Kroy’s financial problems came to light on May 8 when TMZ reported that they owe the IRS $1.1 million in unpaid taxes, interest and penalties from 2013, 2017 and 2018.
When did Kim Zolciak-Biermann and Kroy Biermann break up?
After 11 years of marriage, Kroy filed for divorce on May 5. Meanwhile, Kim filed her own paperwork or a contested divorce on May 7, In contact confirmed. Despite the exes filing their paperwork on separate days, both filings were electronically entered into the Fulton County Superior Court system on May 8.
Both Kroy and Kim listed their separation date as April 30, while the retired athlete stated that their marriage was “irretrievably broken.”
Kroy claimed in his filing that his four youngest children, KJ, Kash, Kaia and Kane, are currently in his care. He said he is seeking temporary and permanent sole physical and legal custody, as well as child support for Kim.
In addition to his younger children, Kroy adopted Kim’s daughters. Brielle and Ariana from a previous relationship in 2013.
Kroy also asked that he be granted “exclusive, temporary and permanent use and possession” of the home he shared with Kim during the marriage.
Meanwhile, the Real Housewives of Atlanta alum asked for alimony and child support within his own petition. In addition, Kim requested that her maiden name be reinstated and that her legal fees be paid.
Did Kim Zolciak-Biermann and Kroy Biermann’s financial problems lead to their split?
Neither Kim nor Kroy have publicly addressed their split.although a source said us weekly that his financial problems led to the end of his marriage.
“The financial burdens have been a strain on their relationship,” the source told the outlet. “Between the tax debt and other financial stresses, it has been difficult. The tax debt was the straw that broke the camel’s back in their marriage.”