Kim Zolciak and Kroy Biermann are facing a new challenge as their bank asserts its right to foreclose on their Georgia mansion due to alleged mortgage defaults. This development adds to the ongoing drama surrounding the couple’s divorce and property dispute.
Key Takeaway
Kim Zolciak and Kroy Biermann are facing potential foreclosure on their mansion as their bank asserts its right due to alleged mortgage defaults, adding to the complexities of their ongoing divorce and property dispute.
Bank’s Claim and Legal Battle
- Truist Bank has filed legal documents stating that Kim and Kroy have defaulted on their mortgage, giving the bank the authority to initiate foreclosure proceedings on their residence.
- Despite the couple’s ongoing divorce, the bank insists that this does not impede its foreclosure rights.
Efforts to Halt Foreclosure
In a previous attempt to prevent the bank’s foreclosure auction, Kim and Kroy sought a court order to allow them to sell the mansion independently. However, their efforts have not been successful, leading to the bank’s decision to move forward with the foreclosure process.
Financial and Personal Struggles
- Amidst the legal battles, Kim and Kroy continue to grapple with financial and personal challenges, including disagreements over their finances and divorce proceedings.
- Reports also indicate ongoing tensions between the couple, punctuated by a recent public altercation and the strain of their divorce.