The former Real Housewives of Atlanta big name Kim Zolciak and her husband Kroy Bierman determined not to get divorced in any case in July 2023. This was shocking information since it used to be shaping as much as be certainly one of the trickiest celebrity divorces.
The couple has been married since 2011 and has undoubtedly long past via a lot... and that's a real understatement. Money is often certainly one of the subjects that couples fight the most about. And it is steadily a explanation why that a marriage does not closing. In Zolciak and Biermann's case, several sources have reported that their financial issues have been the explanation why at the back of their now-canceled divorce.
Even regardless that Kim Zolciak and Kroy Biermann don't seem to be getting divorced, they are still going through an uphill fight relating to their funds. What problems has the truth TV couple been dealing with?
7 Landmark Community Bank Is Suing Kim Zolciak And Kroy Biermann For More Than $217,000
There has been a lot of information surrounding Kim Zolciak and Kroy Biermann's problems over the past few months. This integrated a rumor that Kim Zolciak's friend kidnapped her son. They appeared in reality disappointed with each and every different and it used to be hard to say if they would ever get back in combination. And now that the pair don't seem to be getting divorced anymore, they are still dealing with many financial problems.
A bank is suing Kroy Biermann and Kim Zolciak and they owe a lot of money. The Daily Mail reported that the couple bought their house in Georgia back in 2012 and were given a Home Equity Line of Credit for $300,000. The space price $880,000.
According to The Daily Mail, Simmons Bank, who owns Landmark Community Bank, is suing the couple for $213,611.27. They are also in search of $1,705.45 in pastime. The lawsuit also contains $55.03 in "per diem charges" and $2,071.57 for costs related with foreclosures.
6 Was Kim Zolciak And Kroy Biermann's House In Foreclosure?
According to People, Kim Zolciak and Kroy Biermann's area was once in foreclosures as of February 2023. The couple were given a mortgage of $1.65 million in October 2012 for his or her home, however they did not pay it back. However, People reported that Zolciak stated that her house wasn't in foreclosures in any respect.
While there were stories that any person else had purchased the space, Zolciak stated that wasn't the case at all. According to Us Weekly, she addressed the situation on Instagram Stories in November 2022 and defined, “My house had not sold for $272,000.” In March 2023, People reported that there could be no auction of the space. A supply stated, "the couple has taken the action to clear this up."
5 Kim Zolciak And Kroy Biermann Didn't Pay $1.1 Million In Taxes
There have additionally been many information tales about Kim Zolciak and her husband Kroy Biermann now not paying taxes. This is definitely one in every of the most critical financial problems that they are dealing with.
According to TMZ, the couple "owes a whopping $1.1M to the IRS for unpaid taxes, interest, and penalties from 2013, 2017, and 2018 -- they also owe the state of Georgia $15K for unpaid taxes for 2018."
After this news came out, former The Real Housewives of New York City famous person Bethenny Frankel made a TikTok about how much she disagrees with no longer paying taxes. She stated, “He’s on a football wage, she’s on a Housewives salary, and they’re spending like the f**king planes going down. And the factor is, you can’t spend greater than you are making. Pay your bills. Don’t entrance & stunt. All show & no cross #payyourbills,”
4 Kim Zolciak Didn't Pay $2,482.24 On Her Target Credit Card
Kim Zolciak also owes cash on account of an unpaid Target credit card. Page Six reported in overdue June 2023 that while the reality star first got her credit card in December 2007, she hadn't paid off her credit card since September 17th 2022. At the time, she gave $500, which wasn't enough.
According to Target National Bank, Zolciak needed to pay credit card charges of $2,482.24 as thus far she had "failed, neglected, and refused" to take action. Between the taxes that Zolciak and Biermann did not pay and Zolciak's bank card, they each owe some huge cash.
3 Kim Zolciak Is A Fan Of Gambling, According to Kroy Biermann
Over the previous couple of months, several stories have come out about Kim Zolciak having an alleged playing issue. TMZ reported that Kroy Biermann mentioned Zolciak spent so much time playing that she wasn't a good dad or mum. Since custody is frequently a hard and contentious a part of any divorce, this was once a huge problem.
Page Six reported that Biermann stated of his spouse's gambling, “The general in the marriage was about $1.5 million dollars. She does it online illegally. It’s most certainly been occurring for just about our complete marriage and it’s gotten considerably worse." According to Radar Online, a video showed Biermann saying that Zolciak had gambled away $700,000 since 2021.
The Sun reported that in 2014, Zolciak gambled $250,000 on a vacation to the Bahamas. In a scene filmed for her spinoff series Don't Be Tardy, she said, "I love to gamble, however there is no casino right here in Georgia, so the only way to get my thrill is to buy scratch-offs."
2 Did Kroy Biermann Ignore His Car Payments For His Rolls Royce?
Kroy Biermann also might not have made some important car payments. According to Page Six, he has a Rolls Royce that cost $400,000. In June 2023, BMW Financial Services sued him for not paying.
Page Six reported that Biermann was supposed to make payments over 36 months. He only needed to pay $5,000 at a time and he agreed to do so in a contract from July 31, 2020. Over the past few years, he wasn't paying on time. And between January 2022 and April 2023, it became even more obvious that he wasn't making timely deposits.
1 Why Did Kim Zolciak Sell Her Wigs?
When Kim Zolciak was a cast member on The Real Housewives of Atlanta, she was known for wearing wigs. They sometimes became conversation topics and they definitely stood out.
The Sun reported that in the first episode of season 8 of Zolciak's spinoff Don't Be Tardy, she didn't have a wig on, and everyone was talking about it. She mentioned that it felt strange to not have anything on her head.
In May 2023, Zolciak decided to sell her wigs so she may just make some money, in keeping with People. She was once hoping to make a few thousand bucks and priced one wig at $2,750.
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