Kim Zolciak & Kroy Biermann’s Financial Troubles & Divorce

Kim Zolciak and Kroy Biermann are facing significant financial difficulties amid their ongoing divorce. Target National Bank has sued Zolciak for failing to make credit card payments totaling $2,482.24. Additionally, the couple reportedly owes over $1 million in taxes to the IRS and previously faced foreclosure on their Georgia mansion.

Kim Zolciak and Kroy Biermann, amidst their divorce, are facing financial struggles including unpaid credit card fees, taxes owed to the IRS, and a foreclosure on their Georgia mansion, with Zolciak also allegedly having a gambling problem.

Title: Kim Zolciak and Kroy Biermann’s Financial Woes Mount Amid Ongoing Divorce

Kim Zolciak and Kroy Biermann’s ongoing divorce has taken a toll on their financial stability, as they find themselves drowning in debt. According to a complaint filed by Target National Bank, Zolciak, a former star of “Real Housewives of Atlanta,” has failed to make payments on a credit card balance of $2,482.24. The last payment she made was in September 2022, and TD Bank has taken over the responsibility of collecting the debt. Zolciak’s representatives have not yet responded to the complaint, leaving the outcome of this dispute uncertain.

Aside from the credit card debt, Zolciak and Biermann reportedly owe over $1 million in taxes to the IRS. This outstanding tax debt, including interest and penalties, stems from the years 2013, 2017, and 2018, according to legal documents obtained by TMZ in May. Furthermore, the couple faced foreclosure on their Georgia mansion earlier this year after defaulting on a $1.65 million loan taken out in 2016. However, the foreclosure was ultimately settled, and the auction for the property was canceled.

Amid these financial woes, Zolciak and Biermann also face individual money problems. Biermann was recently sued by BMW Financial Services for defaulting on car payments for a Rolls-Royce Cullinan worth approximately $400,100. His attorney placed the blame on Zolciak, accusing her of being detached from reality and indulging in unnecessary expenses such as online gambling and luxury items. This allegation stems from prior claims made by Biermann, who accused Zolciak of having a gambling addiction that had devastating effects on their family.

The couple’s financial troubles have added another layer of bitterness to their already contentious divorce proceedings. Following their 11-year marriage, both Zolciak and Biermann filed for divorce and engaged in a custody battle. Biermann claimed that their children needed protection from Zolciak, citing her alleged abusive behavior. In response, Zolciak vehemently denied these accusations, labeling them as harmful lies.

As the divorce continues to unfold, the financial strains faced by Zolciak and Biermann create additional challenges in untangling their lives. The outcome of their debt disputes and the impact on their respective financial situations remain uncertain, leaving both parties to face an uncertain future.

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