Are Phaedra Parks Assets Safe?

Are Phaedra Parks Assets Safe?

phaedra-parks-apollo-nida-0430-1

If Apollo Nida gets convicted what does that mean for the well organized Phaedra Parks and all her Assets?

And NO we are NOT talking her booty!

See Apollo’s fate lies up in the air and he may still be potentially convicted for his charges of Fraud and Identity theft which leaves Phaedra Parks future in question. It’s bad enough she may lose her husband to the clink, but what if his alleged actions also put her assets in jeopardy?

CelebNMusic247.com is hearing that the Real Housewives of Atlanta star has a good (and super sassy) head on her shoulders, and as a lawyer and she’s been diligently paying attention to her husband’s court hearings. This is what’s being said about Phae Phae since Radar Online has obtained court documents.

The documents state the government will go after Apollo’s bank account and property should he be found guilty of the many allegations against him. 

According to the site, the papers were filed on April 24 and threaten that “Upon conviction of the offense alleged… [Nida] shall forfeit to the United States…any property constituting or derived from proceeds obtained directly or indirectly as a result of” the scams of which he’s accused. 

Thankfully, Phaedra was paying attention during her Domestic Law classes because she has managed to keep her property in her name, and her name only. In fact, she’s kept all of her high dollar investments separate from Apollo since the pair signed a prenuptial agreement before their 2009 wedding.

Furthermore, she’s the only one on the lease for their current Buckhead mansion. Wait, they’re renting? 

See, several of the housewives in the franchise rent their homes. It saves them from going through foreclosure like their counterparts!

You can get the man out of prison but you can’t get the prison out of the man! We love Apollo, but man, why the scam bro?

Thoughts?

#CelebsAreCoolRight