Dallasblack.com: Here's How Much Phaedra Parks' Now Official Divorce From Apollo Nida Will Cost Her!

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Monday, December 26, 2016 9:39 AM

Here's How Much Phaedra Parks' Now Official Divorce From Apollo Nida Will Cost Her!

By: Monya Fleming

Here's How Much Phaedra Parks' Now Official Divorce From Apollo Nida Will Cost Her!


Here's How Much Phaedra Parks' Now Official Divorce From Apollo Nida Will Cost Her!


Phaedra Parks and Apollo Nida's divorce was reportedly finalized and the star of "Real Housewives of Atlanta" is revealed to have agreed to pay $100k towards the $2 million in restitution Apollo owes in his criminal case. 

The 43-year-old attorney filed for divorce in a very sneaky way, using the last name "Nita" instead of "Nida." Phaedra was apparently trying to keep the divorce filing and information on the down-low by using a false name. 

Earlier this month, Apollo filed for divorce from Phaedra and didn't know that she had already had the divorce finalized. filed He accused her of taking advantage of the fact that he was locked up in prison and claimed he was never notified of the final hearing in July. He requested that her divorce be tossed out of court.

In Apollo's legal documents, he requested joint legal custody of their 2 kids and an equitable split of their assets in the divorce. The reality star listed the month of separation as June 2014.

The judge gave a final order on property division, child custody, and a parenting plan after Apollo allegedly failing to respond.

Phaedra will have primary custody of their 2 children, but they will s hare legal custody once Apollo is released from prison. He will then have visitation rights. 

Both parties already divided their own personal property including their checking and savings accounts. In addition, Phaedra agreed to pay $100k towards Apollo’s criminal restitution fine. 

It was also revealed in the legal documents that Apollo has been ordered not to use any illegal drugs or alcohol while with the children.

The child support worksheet reveals Phaedra makes $75,417 a month. She will need to pay child support of $3.066 once Apollo is out of jail. The worksheet also states that Parks spends $11,350 on each child per year for expenses.

Apollo is disputing the final judgement in Phaedra’s divorce and the judge has yet to rule on his motion to dismiss her case

Nida is serving eight years in jail on charges of check fraud and money laundering. He was ordered to pay $1.9 million in restitution.

Here is a breakdown of what Nida owes:

— JP Morgan Chase $828,300

— IRS $127,011

— Delta Airlines $24,985

— State of California $15,778

— State of Connecticut $45,525

— State of Texas $39,275


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