Kroy Biermann is continuing to struggle to take control of his family\u2019s finances amid his divorce from Kim Zolciak, even though the estranged couple are facing over $1 million in debt. However, Kroy is apparently confident that Kim has a plan to get out of the situation \u2013 bankruptcy.<\/p>\n
\u201cMy guess is that Kim\u2019s grand plan is to file for bankruptcy,\u201d Kroy\u2019s attorney, Marlys A. Bergstrom, told Us Weekly<\/em>. <\/em><\/p>\n The lawyer suggested that it may be part of Kim\u2019s overall plan to stall their divorce as well as prevent the foreclosure of their Georgia mansion, which Kroy has been vocal about wanting to sell in the midst of their financial woes.<\/p>\n RELATED: \u00a0Kourtney Kardashian Drops Big Money On A Tooth Fairy Gift For Daughter Penelope<\/span><\/p>\n \u201cA stay would be put on the foreclosure [of Kim and Kroy\u2019s shared home in Alpharetta, Georgia] and again, the parties would be forced to live together, enveloped by all that toxicity for God knows how long,\u201d the attorney continued.<\/p>\n Bergstrom noted that Kroy plans to \u201cfile an objection\u201d should Kim take such a course of action, as the lawyer claims \u201cit is very likely that Kroy and Kim will come out with almost nothing\u201d should the house be foreclosed upon.<\/p>\n<\/blockquote>\n Kroy submitted a formal request to the court at the end of last month, seeking an order to facilitate the sale of the residence jointly owned with his estranged wife. According to the documents, plans had originally been made to auction the property in March, following foreclosure proceedings initiated the prior month.<\/p>\n However, they managed to successfully prevent foreclosure and subsequently called off the auction. They achieved this by reaching an agreement with the financial institution Truist.<\/p>\n A post shared by Kim Zolciak-Biermann (@kimzbiermann)<\/p>\n Under the terms of this agreement, as long as the couple consistently made their monthly mortgage payments for three consecutive months, any remaining outstanding balances would be deferred to the end of the loan term, thereby effectively averting any foreclosure proceedings.<\/p>\n This decision came amid reports that Kroy and Kim owed the IRS more than $1 million in back due taxes.<\/p>\n\n