Kim Zolciak It is Kroy Biermann reached a settlement in the foreclosure case against them. According to court documents obtained by ET, the Bravo couple reached a settlement with Truist Bank, delaying foreclosure on their Alpharetta, Georgia home.
The agreement suspends Truist’s foreclosure process for 90 days, giving Zolciak and Biermann time to try to sell their home on their own. If they are unable to sell their home and pay Truist in that time, the bank can step in and resume the foreclosure process, which Zolciak and Biermann will not be able to stop or stop.
Zolciak and Biermann took out a $1.65 million loan to purchase the seven-bedroom home on October 23, 2012. The issue first came to light in November 2012, when reports surfaced claiming the home had been sold for $257,000, which Zolciak denied. Several months later, the house was put up for auctionbut the auction It was canceled.
At that time, an agreement was reached with Truist that placed the estranged couple on “probation from foreclosure,” meaning they would have to make mortgage payments every month for three months, and the unpaid amount would be placed in the end of the loan to avoid foreclosure again. But after failing to make the July payment, the home faced foreclosure again.
With that in mind, in September 2023, Biermann asked the court asking for permission to sell the mansion, claiming he and Zolciak were “financially destitute” thanks to their “reckless spending habits and love for his ex-wife.” online gambling.”
The following month, the house was put up for sale for US$6 million. O ask the price it has since been reduced to $4.5 million.
In addition to the duo’s financial problems – Zolciak’s Range Rover was ordered to be retakenwhile Biermann faces lawsuits from BMW It is Capitol One – they are also experiencing marital problems.
Each one of them filed for divorce in May 2023 after 11 years of marriage and made a series of accusations against each other. They briefly reconciled, but Biermann asked for divorce for the second time in August.
Zolciak responded by filing a motion to dismiss Biermann’s second divorce petition, claiming they are still involved in “marital sexual relations“, but her ex-husband remained adamant he wants out of the marriage.
After the police responded to an incident at the duo’s home in December, Zolciak and Biermann were ordered pay $5,000 for a parental fitness evaluator. The pair share Brielle, 27, Ariana, 22, KJ, 13, Kash, 11, and 10-year-old twins Kaia and Kane.
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