2 minutes ago 2009-11-08T08:37:42-08:00
LOS ANGELES, Calif. -- Last month a court commissioner ruled that Britney Spears was required to pay $375,000 of Kevin Federline's legal fees. And today, the public is learning why the commissioner rendered the decision, thanks to the release of documents which indicate K-Fed has low earnings and high expenditures.
In his income and expense declaration, Federline claimed he earned no money in December and does not have a monthly earnings average.
[ Kevin Federline's Lawyer Talks To Press: 1/23/08 - Play it Now ]
He did, however, make $800 in "residuals" and $350 in "dividends/interest."
Federline claims he has $338,692 in assets and that he receives $35,000 per month from Britney.
[ Britney Spears - Check Out the Photos ]
His total monthly expenses, including rent, insurance, food, clothes and other things comes to $46,956. He pays $4,104 in child support to Shar Jackson, who is not referenced by name in the papers.
Federline appears to spend the majority of his money through Gooseneck Productions, Inc. which he cites as his employer, but is the company he set up to release his artistic endeavors.
[ All Access: Kevin Federline - Celebrities - Divorces - Britney Spears ]
The paperwork released by the courts details some of the many charges he paid through his production company, including nanny bills and purchases at stores including Ralph's, Target, Toys R Us, and Ross.
In 2007, K-Fed filmed an ad for Nationwide, a spot which was aired during the Super Bowl. From the paperwork, it appears the backup dancer-turned-rapper-turned-actor made almost $400,000 for the clip.
[ Kevin Federline's Attorney Speaks About Custody Battle: 1/21/08 - Play it Now ]
As for his appearances on "One Tree Hill," K-Fed makes between $6,500 and $6,900.
In addition to living expenses, Federline has a host of other expenditures of note, including almost $28,000 in general merchandise from Arte De Mexico, an interior design company located in Burbank, California.
[ Kevin Federline - Check Out the Photos ]
He also made several purchases of airline tickets to fly a passenger by the name of Heather Heise from San Jose and/or Phoenix, to Burbank.
He also spent money to fly a woman by the name of Lindsay Ledbetter in from Oregon, and other friends and family in from various locations.
A number of purchases at liquor stores were also made on Federline's American Express card.
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JabberSo Britney is not Only Supporting Kevin's rich life style that IMO, Don't deserve because he "Don't" work to help out. But she is Also paying his child support to Shar Jackson? & The Judge allowed this? How? Isn't that HIS Responsibility? what else does she have to pay for, for him that is?? He's a Fat "BUM"!!report abuseposted September 27, 2009 7:13 PM PDT
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YvetteSI think Bri should go back to court and change these arrangements because she is doing better mentally and physically. He might be a good dad, but that is all he is, Kfed used her because she was not in the right state of mind and I believe it was his doing - he should have been more supportive of her. He wasn't satified so he started doing all kinds of things that a married man shoulnreport abuseposted July 29, 2009 2:04 PM PDT
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PatriciaIt is really sad that the judge order Britney Spears to pay that much money to Kevin Federline in child support. The money should only be used for her two sons not his other baby mother children. The two boys don't cost that much. And then he is traveling and using the children money for his woman and pleasure the judge who ordered that and the lawyer should be bared. KFed is not acting lireport abuseposted July 29, 2009 1:28 PM PDT
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PatriciaIt is really sad that the judge order Britney Spears to pay that much money to Kevin Federline in child support. The money should only be used for her two sons not his other baby mother children. The two boys don't cost that much. And then he is traveling and using the children money for his woman and pleasure the judge who ordered that and the lawyer should be bared. KFed is not acting lireport abuseposted July 29, 2009 1:28 PM PDT
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JeneanPoor Brit getting ripoff left and right , take kfed to the swamp and tied him to a stump let rhe rats have something to chew on .report abuseposted July 29, 2009 12:17 PM PDT
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Gladys S.Well ladies, this is a prime example of the consequences of "desperation". Britney will be paying for the next 15 or so years for her desperation as KFed's only marketability is that he was married to Britney, and these 15 minutes of fame won't last indefinitely. It is unlikely he will ever be successful on his own, as indications are that he is lazy. Checreport abuseposted July 29, 2009 7:42 AM PDT
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CarolynThere are a lot more deadbeat dads out there than deadbead mothers... So yes more women will be collecting child support NEDAVIS... It doesn't take $55 Gs to raise a child (Kelis and Nas) and it doesn't take ($35 Gs). Kids don't care about that stuff. They want love, direction and attention. If it was about the kids they wouldn't even post these figures...report abuseposted July 29, 2009 6:15 AM PDT
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CarolynThere are a lot more deadbeat dads out there than deadbead mothers... So yes more women will be collecting child support NEDAVIS... It doesn't take $55 Gs to raise a child (Kelis and Nas) and it doesn't take ($35 Gs). Kids don't care about that stuff. They want love, direction and attention. If it was about the kids they wouldn't even post these figures...report abuseposted July 29, 2009 6:15 AM PDT
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chad si wouldnt %@!*# that %@!*# for 35,000 a week and he look like he won the %@!*#in hot dog eatin contest and hasnt %@!*# sincereport abuseposted July 29, 2009 4:07 AM PDT
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chad sgay fed and britdeez nuts are mother %@!*#ing fools...%@!*# emreport abuseposted July 29, 2009 4:01 AM PDT
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