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Kevin Federline is facing a new financial headache after the child support payments he received from Britney Spears came to an end. According to court documents obtained by Page Six, the former backup dancer, 48, is being sued by City National Bank over an alleged $117,704 in unpaid debt. The amount reportedly includes a credit card balance, a personal line of credit, and an overdraft account. What's especially interesting is when the financial agreement began. Federline signed an agreement with the bank in November 2024, around the time Spears' final child support payment reportedly arrived. For years, the pop star paid him $40,000 monthly while he raised their two sons, Sean Preston and Jayden James, in Hawaii. After Sean Preston turned 18, the payments were reduced to $20,000 per month and continued until Jayden graduated from high school. In his memoir, You Thought You Knew, Federline claimed that much of the money went toward security and maintaining the lifestyle his children had experienced with their mother. He even wrote that the expenses easily exceeded $40,000 a month. Now, the bank is seeking repayment of the outstanding balances, along with accumulated interest. The lawsuit lists interest rates of 20.5% on the credit card, 7.5% on the credit line, and 18% on the overdraft account. Federline's attorney had not immediately responded to Page Six's request for comment. His situation raises a bigger question about financial responsibility once long-term support comes to an end. Do you think parents should plan more carefully for life after child support payments stop? \#KevinFederline #BritneySpears #CelebrityNews #HollywoodDrama #celebrityfinance
Kevin Federline is facing a new financial headache after the child support payments he received from Britney Spears came to an end. According to court documents obtained by Page Six, the former backup dancer, 48, is being sued by City National Bank over an alleged $117,704 in unpaid debt. The amount reportedly includes a credit card balance, a personal line of credit, and an overdraft account. What's especially interesting is when the financial agreement began. Federline signed an agreement with the bank in November 2024, around the time Spears' final child support payment reportedly arrived. For years, the pop star paid him $40,000 monthly while he raised their two sons, Sean Preston and Jayden James, in Hawaii. After Sean Preston turned 18, the payments were reduced to $20,000 per month and continued until Jayden graduated from high school. In his memoir, You Thought You Knew, Federline claimed that much of the money went toward security and maintaining the lifestyle his children had experienced with their mother. He even wrote that the expenses easily exceeded $40,000 a month. Now, the bank is seeking repayment of the outstanding balances, along with accumulated interest. The lawsuit lists interest rates of 20.5% on the credit card, 7.5% on the credit line, and 18% on the overdraft account. Federline's attorney had not immediately responded to Page Six's request for comment. His situation raises a bigger question about financial responsibility once long-term support comes to an end. Do you think parents should plan more carefully for life after child support payments stop? \#KevinFederline #BritneySpears #CelebrityNews #HollywoodDrama #celebrityfinance

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