Overview
- Kim Zolciak and Kroy Biermann have been ordered by a court to pay Simmons Bank a total of $231,031.61 for defaulting on a home equity line of credit. This amount includes the primary amount, interest, foreclosure fees, and attorney fees.
- In addition to their financial woes, the couple, as part of their divorce proceedings, is forced to sell their Georgia mansion worth $6 million. The pair is permitted to reside in the mansion until it is sold, with Zolciak residing in the basement and Biermann in the master bedroom.
- The couple's financial struggles include an action by Saks/Capital One who sued them for over $150,000 in unpaid credit card fees after Zolciak stopped making payments in September 2022.
- Another report revealed that Zolciak and Biermann owe the Internal Revenue Service more than $1 million in unpaid taxes, interest, and penalties from the years 2013, 2017, and 2018. This adds to their financial strain amid their ongoing divorce.
- Their marriage woes began with filing for divorce in May 2023 after 11 years together; though they briefly reconciled, Biermann filed for divorce again three months later. The couple has four minor children.