Kevin Federline, the ex-husband of pop icon Britney Spears, is reportedly facing significant financial difficulties, as a recent complaint reveals he owes over £117,000 to the City National Bank. This staggering sum is associated with three separate accounts, highlighting his ongoing struggles with debt.
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Court documents, acquired by PEOPLE on Thursday, October 29, indicate that the total debt consists of amounts due from a credit card, a personal line of credit, and a personal overdraft. The complaint details that Federline, 48, opened these accounts in late November 2024, which coincides with the cessation of child support payments from Spears, following their son Jayden’s high school graduation that same month.
The bank has set specific repayment timelines for Federline’s debts. He was required to settle his credit card balance by August, while payments for the personal line of credit are due in June 2025, and the overdraft line must be cleared by April 2025. In addition to the principal amounts, the bank is also seeking interest accrued at rates of 20.5% for the credit card, 7.5% for the personal line of credit, and 18% for the overdraft.
This latest revelation comes on the heels of another financial issue faced by Federline. Earlier this year, in March, he was sued by Bank of America for allegedly failing to pay more than £12,000. The bank’s claims, as reviewed by PEOPLE, indicated that he opened an account as recently as December 6, 2024, with the last payment made in May 2025. This timing also corresponds to the period shortly after Spears made her final child support payment.
Federline’s financial challenges appear to be compounded by the end of his child support payments from Spears, which he had been receiving as part of their divorce agreement. His attorney previously articulated that these payments would continue until Jayden graduated from high school, in accordance with California law.
In a memoir titled “You Thought You Knew,” published in 2025, Federline had discussed his monthly financial arrangements post-divorce, alleging he was awarded £20,000 per month in child support from Spears, along with an additional £20,000 in alimony for a portion of their brief marriage. He noted the misconception that such amounts would equate to financial security, stating, “People hear figures like that and think you’re financially set. But the reality is far from that.”
The former couple, who were married from 2004 to 2007, share two sons, Jayden, now 20, and Preston, 21. Federline’s assertion that raising two boys in Los Angeles is financially burdensome highlights the complexities of parenting amid celebrity status, especially considering they are now adult children with their own needs and aspirations.
As Federline navigates these financial strains, the implications of his debts are significant not only for him personally but also for his ongoing responsibilities as a parent. The interplay of financial pressures and familial obligations remains a challenging aspect of his life, drawing attention to the broader issues of post-divorce support and the realities faced by individuals in similar situations.
With both the City National Bank and Bank of America pursuing claims against him, Federline’s financial landscape appears precarious. His legal representatives have yet to provide any public comments on this latest complaint, leaving uncertainty about how he plans to address these mounting debts moving forward.
The unfolding situation serves as a reminder of the challenges faced by individuals transitioning from high-profile relationships to independent financial realities, particularly in the entertainment industry. As the story continues to develop, it remains a poignant example of the complexities of personal finance, especially in the public eye.