Kroy Biermann and Kim Zolciak are currently embroiled in a financial disagreement, specifically regarding the profits from Kim’s sales of designer items. Kroy is raising concerns about the lack of clarity regarding the utilization of the proceeds and whether the items being sold are part of their shared marital property or Kim’s separate possessions.
Key Takeaway
The ongoing dispute between Kroy Biermann and Kim Zolciak revolves around the proceeds from Kim’s sales of designer items, with Kroy expressing concerns about the utilization of the funds and the division of marital assets amidst their financial challenges.
The Legal Battle
In recent legal documents, Kroy has expressed uncertainty about the destination of the funds generated from Kim’s extensive collection of designer clothing, shoes, and purses. He firmly believes that the money is not contributing to the support of their joint marital estate, which he claims is burdened by substantial debt. Kroy estimates the value of Kim’s designer collection to be in the hundreds of thousands of dollars, with the majority of it acquired during their marriage.
Financial Strain
Amidst their ongoing divorce proceedings and mounting debts, including a substantial $1.1 million owed to the IRS, Kroy is seeking the court’s intervention to fairly divide their marital assets, which encompass their opulent Georgia mansion and personal belongings.
Clashing Perspectives
On the other hand, sources close to Kim have asserted that the designer items being sold were obtained before their marriage, and a portion of the proceeds has been utilized to purchase Christmas gifts for their children. These sources also emphasize that Kim has been independently managing household expenses and bills for an extended period.
