Kim Zolciak-Biermann‘s response to the reported foreclosure on her Georgia home was a little, um, tardy. But she’s here now! And she’s pushing back against allegations about her supposed financial problems!
25.10.2022 - 18:41 / perezhilton.com
Don’t Be Tardy for your loan repayment, y’all…
Kim Zolciak-Biermann and her former football-playing husband are going to lose their family’s expansive Georgia mansion. According to legal documents obtained by The U.S. Sun on the matter, the Bravo-lebrity and her ex-NFL star husband Kroy Biermann “failed to pay back” a $300,000 loan following the cancellation of her show Don’t Be Tardy. Shockingly, the couple had put up their home as collateral against the loan. And now that they missed paying down their debt, they are going to lose the estate.
Related: Ariana Biermann Celebrated Her 21st Birthday With A DUI Mugshot Cake?!
The outlet reports that a Notice of Sale Under Power has been levied against the home following the 44-year-old reality TV star’s inability to repay her debts. With it, the five-bedroom, 6.5-bathroom, 6,907-square-foot home has been foreclosed upon. Next, per the court docs, it will be”sold at public outcry to the highest bidder for cash before the courthouse door of Fulton County, Georgia.”
OMG!
The outlet did not report the reason the $300,000 loan was taken out in the first place. But the court documents clearly state its lack of repayment is the reason behind the bank moving in to foreclose and prep for a sale at auction. The filing states the foreclosure, which was first published back on October 6, was “because of, among other possible events of default, failure to pay the indebtedness.”
Now, per the legal docs, the plan is for the family’s home to go on sale at the Fulton County Courthouse “on the first Tuesday in November, 2022.” Jeez. Just like that!!
Over on Reddit, fans reacted to the news with a mixture of shock and suspicion. Some were understandably surprised at Kim’s apparent lack of loan
Kim Zolciak-Biermann‘s response to the reported foreclosure on her Georgia home was a little, um, tardy. But she’s here now! And she’s pushing back against allegations about her supposed financial problems!
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