Kim and Kroy are in debt for unpaid taxes and penalties. Kim has filed for divorce from her ex-NFL star husband. Kroy has addressed their money issues in his response to the divorce, acknowledging their accumulated debts and obligations.
Kim Zolciak-Biermann and Kroy Biermann have accumulated debts and obligations during their marriage, and Kim seeks an equitable division of it in their divorce.
Reality star Kim Zolciak-Biermann has filed for divorce from her husband, former NFL player Kroy Biermann, citing their hefty tax debts as a major reason for the split. The couple owes the IRS $1.1 million in taxes, interest, and penalties from 2013, 2017, and 2018. In addition, they allegedly owe $15,000 in unpaid taxes to the state of Georgia from 2018.
Kroy has responded to Kim’s divorce filing and acknowledged their financial struggles, stating that: “the parties have accumulated certain debts and obligations, during the course of this marriage, and Plaintiff seeks an equitable division of same.” The couple has been married since 2011 and have six children together. They have appeared on several reality TV shows, including “Don’t Be Tardy” which chronicled their family life.
It is not clear how the couple will split their debts and assets, but it is likely to be a financially complicated process. When a couple divorces, property, debts, and assets are divided according to state laws, and those laws can vary widely. In addition to dividing their debts, the couple will likely need to determine custody arrangements for their children and settle on spousal and child support payments.
The news of Kim and Kroy’s divorce and financial struggles have shocked many fans of their reality shows. The couple’s lavish lifestyle has been well-documented on television and social media, with Kim often showing off her designer clothes, expensive jewelry, and luxurious homes. This latest revelation shows that even those who seem to have it all can face serious financial difficulties.