Kevin Federline, 48, faces a lawsuit from City National Bank over an unpaid balance totaling at least $117,704 across a credit card, a personal line of credit, and an overdraft line. According to legal documents obtained by Page Six, the debt accumulated immediately after his child support payments from Britney Spears officially concluded.
The Bottom Line
- The Debt: Federline owes at least $117,704 to City National Bank across three distinct credit accounts.
- The Catalyst: The financial agreements were finalized in late November 2024, coinciding with the arrival of his final child support payment from Britney Spears.
- The Interest Burden: The bank is pursuing steep interest rates, including 20.5% on the credit card, 18% on the overdraft line, and 7.5% on the line of credit.
Agreement Timelines and Account Defaults
Documents show that Federline signed the agreement with City National Bank in late November 2024. This timing directly aligned with the final child support payment landing in his account from his ex-wife, pop artist Britney Spears. The lawsuit filed by the institution details distinct repayment deadlines for each credit vehicle utilized by Federline.
Kevin Federline faces another bank lawsuit.City National Bank is seeking at least $117,704, following a separate $12K debt claim earlier in 2026.https://t.co/RAA7SeTfxG
The personal line of credit carried a maturity date in June 2025. The personal overdraft line was due two months earlier in April 2025. Meanwhile, the credit card debt was given a payment window extending until August 2026. Alongside the principal balances, the bank demands unpaid accrued interest at a rate of 20.5% on the credit card, 7.5% on the line of credit, and 18% for the overdraft line.
Shifting Cash Flow From Prior Child Support
For years, Federline received substantial monthly child support payments while raising their two children, Sean Preston and Jayden James, in Hawaii. Initially, the arrangement provided $40,000 per month. Once Sean Preston turned 18, the payments decreased to $20,000 and continued until Jayden James graduated from high school.
In his memoir, “You Thought You Knew,” Federline detailed that those funds covered security and maintained the lifestyle the boys experienced with Spears, which he stated “easily ran well over $40,000 a month.” Federline argued in the book that the sum was insufficient for expenses, noting that “the money was gone almost as soon as it came in.” Following the conclusion of these recurring monthly disbursements, Federline incurred the obligations now subject to City National Bank’s legal action.
| Credit Facility | Due Date | Interest Rate |
|---|---|---|
| Personal Overdraft Line | April 2025 | 18.0% |
| Personal Line of Credit | June 2025 | 7.5% |
| Credit Card Account | August 2026 | 20.5% |
Legal Response and Unresolved Proceedings
The formal complaint shifts financial scrutiny toward Federline’s liquidity following the termination of his primary income stream from the 2007 divorce settlement. The legal filing outlines the specific contractual defaults across the credit card, overdraft, and credit line agreements.
Federline’s legal representation did not immediately respond to Page Six’s request for comment regarding the lawsuit. The ongoing litigation in late October 2026 addresses the full recovery of the $117,704 principal alongside the accrued interest rates.
Disclaimer: The information provided in this article is for educational and informational purposes only and does not constitute financial advice.
