Sep 5, 2024, 6:51 PM
Sep 5, 2024, 6:51 PM

Kroy Biermann seeks judge"s approval to sell Georgia mansion amid financial crisis

Highlights
  • Kroy Biermann is seeking court permission to sell their Georgia mansion without Kim Zolciak's involvement as foreclosure approaches.
  • The couple has received a $3.5 million offer for the home, which Kim has refused, despite their financial difficulties.
  • Kroy's actions aim to protect his credit and expedite the sale process to avoid losing the property.
Story

Kroy Biermann is seeking court approval to sell the couple's Georgia mansion amid looming foreclosure. The property, which has been on the market for $3.95 million, has received a $3.5 million offer that Kim Zolciak has refused to consider. Kroy claims that Kim's spending habits are exacerbating their financial troubles, which include a $1.32 million IRS lien and $2.2 million owed to their mortgage lender. He fears that if the home is foreclosed, it will negatively impact his credit. The couple's financial issues have been ongoing, and they previously managed to delay foreclosure proceedings by reaching an agreement with their bank. However, the deadline to sell the home and repay the bank is fast approaching, and Kroy is concerned that Kim's refusal to accept offers could lead to a loss of the property. He has requested an emergency hearing to expedite the sale process without Kim's involvement. Kroy's legal documents highlight the urgency of the situation, as he is the one responsible for the mortgage. He argues that Kim's refusal to accept reasonable offers is jeopardizing their financial stability. The couple's divorce has added to the complexity of their financial situation, with both parties facing significant debts and legal fees. As the foreclosure date nears, Kroy is determined to take action to protect his credit and financial future. The outcome of the court's decision will be crucial in determining whether they can successfully sell the mansion and avoid foreclosure.

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