Financial Crisis for Kim Zolciak & Kroy Biermann: Exes Accused of Blowing Off Lawsuit for $300,000 Loan & Tax Lien
The ex-couple did not file a response within the required time frame, resulting in a default judgment for a hefty amount of $231,031.61. This comes as the reality TV stars face financial difficulties, including the looming threat of foreclosure on their million-dollar family home, prompting them to ask the court for protection of their marital assets. Their failure to defend the lawsuit has put them at risk of losing a significant amount of their wealth.
The reality TV exes failed to file an answer or pleadings within the prescribed time, leading to a $231,031.61 default judgment and a request to halt a foreclosure auction due to their financial crisis.
A recent court filing has revealed that reality TV exes Kim Zolciak and Kroy Biermann failed to respond to legal proceedings, resulting in a default judgment against them. The court documents, obtained on Friday, indicate that the ex-couple did not file an Answer or other defensive pleadings within the specified time frame, leading to a significant financial penalty of $231,031.61.
This substantial sum comes at a challenging time for Zolciak and Biermann, as they are reportedly facing financial difficulties. In a bid to alleviate their money woes, the pair put their expansive family home in Georgia on the market for $6 million. They also sought the court’s intervention to prevent a scheduled foreclosure auction of the property, expressing concerns that allowing the auction to proceed could result in irreparable damage to their marital estate.
The details of the court filing shed light on the ongoing challenges that Zolciak and Biermann are grappling with, providing insight into their legal and financial struggles. As the former reality TV stars navigate this difficult period, the impact of the default judgment underscores the importance of addressing legal matters in a timely and thorough manner. Stay tuned for any further developments in this evolving situation.