Kim Zolciak and Kroy Biermann are nonetheless beefing with a financial institution over their Georgia mansion … and now the financial institution says it has each proper to foreclose on the place to gather the cash it’s owed.
According to new authorized docs, obtained by TMZ, Truist Bank claims the couple defaulted on their mortgage … and now the financial institution has the appropriate to foreclose on their mansion.
Kim and Kroy are going via a messy divorce, however they’re nonetheless dwelling contained in the household residence … bear in mind, Kroy’s obtained the first bed room and Kim has the nanny suite and basement.
Truist Bank says it is nicely conscious of the divorce proceedings, however it claims that is not sufficient to dam its foreclosures rights.
TMZ broke the story … in October, Kim and Kroy requested a choose to cease the financial institution’s foreclosures public sale so they might promote it on their very own … and so they’ve slashed the value on the property to $5.5 million.
Truist Bank says it voluntarily delayed the public sale in November … however Kim and Kroy have not been capable of promote it themselves, and now the financial institution is outwardly getting impatient and intends to train its foreclosures rights so it may accumulate on the debt.
Atlanta Fine Homes Sotheby’s International
Meanwhile, Kim and Kroy stay at one another’s throats over their funds and divorce proceedings … that’s, after they’re not banging.
We reached out to reps for Kim and Kroy … to this point no phrase again.