Corey Feldman finalizes divorce as he’s ordered to pay six-figure sum – and the fate of his Michael Jackson memorabilia is revealed
Corey Feldman and his estranged wife, Courtney Feldman, have officially finalized their divorce, with a Los Angeles judge signing off on a financial settlement that includes a six-figure lump sum payment.
According to court documents obtained by the Daily Mail, the former child star will pay Courtney $100,000 in spousal support as part of the agreement resolving their separation.
Under the terms of the agreement, Feldman must make an initial payment of $10,000 within five days of signing the agreement, followed by payments of $10,000 every two months until the full amount is met.
Feldman will also remain liable for outstanding IRS debt beginning in 2021; According to court records, he is already ‘paying off’ these debts.
Despite the significant payout, the actor will keep several high-value assets, including a 2016 BMW, a 2021 Mercedes-Benz, a 2013 Coachmen Mirada camper, five Tesla shares, and a collection of memorabilia belonging to his late friend Michael Jackson.
Meanwhile, Courtney will walk away with all of her home furnishings, furnishings, appliances, equipment, and related items.
Corey Feldman and his estranged wife, Courtney, officially finalized their divorce after a judge signed a financial settlement that includes a six-figure lump sum payment; seen in 2019
According to legal documents, ‘Each Party is satisfied with the information in its possession and does not require further information to knowingly agree to the terms of this Proposed Order.’
In addition to agreeing to sign both a confidentiality agreement and a non-disparagement agreement, each party will pay their own attorneys’ fees.
The former couple, who have no children, got married in a lavish ceremony held at Caesars Palace in Las Vegas on November 22, 2016.
They separated on June 22, 2023, and Feldman publicly confirmed the separation later that summer.
The Daily Mail has reached out to Feldman’s representatives for additional comment.
The judge presiding over the case confirmed that the couple had reached a comprehensive financial solution in his statement to the court on November 20.
Feldman later said: Us Weekly He said he was relieved knowing that the “most painful part” of the breakup was behind him.
The Los Angeles native said at the time: ‘I pray for everyone involved so that we can move on with our lives and heal. ‘Please respect my wishes for privacy regarding this matter, as I have a lot of exciting things I’m working on for the next year and that’s where I need to focus.’
Feldman and Courtney, a Canadian-born model and DJ, cited health issues as a contributing factor to their separation.
Courtney previously revealed that her chronic fatigue syndrome diagnosis made it difficult to keep up with Feldman’s touring lifestyle.
The former child star will pay Courtney $100,000 in spousal support as part of an agreement resolving their separation (seen in 2022), according to court documents obtained by TMZ
Feldman must make an initial payment of $10,000 within five days of signing the agreement, followed by payments of $10,000 every two months until the full amount is met (pictured in 2022)
“It’s been a long journey dealing with my own chronic fatigue syndrome,” she said in a statement, adding that despite their separation, she will “always treasure” the time they shared and will be grateful for Feldman’s support during their health struggles.
At the time of their separation, Feldman told NBC News that he had voluntarily paid spousal support and planned to continue doing so regardless of the court order, and emphasized that there was no infidelity.
Court records later revealed growing tensions over financial matters.
Courtney asked the court earlier this month to increase her monthly support, arguing that the $3,500 Feldman paid her — up from $2,000 previously — was insufficient given the disparity in their income.
The actor will retain several high-value assets, including a 2016 BMW, a 2021 Mercedes-Benz, five Tesla shares, and a collection of Michael Jackson memorabilia; seen last year
He cited his part-time work as a barista and Goodwill employee, while noting that Feldman reported a six-figure payday for his appearance on Dancing with the Stars.
The two sides sought $7,226 per month in back pay and attorney fees, as well as $7,226 per month in support, before reaching a final agreement.
Feldman later addressed the emotional toll of the legal battle in a post on
A rep for Feldman previously told Us Weekly that Courtney’s demands were “unexpected and excessive,” adding that the actor has continued to support her financially and maintain her health insurance since their split.
