Corey Feldman's Divorce Finalised with Six-Figure Financial Settlement
A Los Angeles judge has officially finalised the divorce between former child star Corey Feldman and his estranged wife Courtney Feldman, signing off on a comprehensive financial agreement that includes a substantial six-figure lump-sum payment. The legal resolution brings closure to the couple's separation, which was publicly confirmed in the summer of 2023.
Financial Terms of the Divorce Agreement
According to court documents obtained by TMZ, Feldman is required to pay Courtney $100,000 in spousal support as part of the settlement. The payment schedule stipulates an initial $10,000 instalment within five days of executing the deal, followed by subsequent $10,000 payments every two months until the full amount is satisfied. This structured approach ensures Courtney receives consistent financial support during the post-divorce transition.
Despite this significant payout, Feldman will retain ownership of several high-value assets, including:
- A 2016 BMW vehicle
- A 2021 Mercedes-Benz automobile
- A 2013 Coachmen Mirada motorhome
- Five shares of Tesla stock
- His personal collection of memorabilia related to his late friend Michael Jackson
Additionally, Feldman remains responsible for outstanding IRS debt from 2021, which court records indicate he has already been actively paying down.
Background of the Marriage and Separation
The former couple married in a lavish Las Vegas ceremony at Caesars Palace on November 22, 2016. Their relationship, which did not produce any children, ultimately ended with their separation on June 22, 2023. Both parties cited health challenges as contributing factors to their breakup, with Courtney revealing her diagnosis of chronic fatigue syndrome made it difficult to maintain Feldman's touring lifestyle.
In a statement filed with the court on November 20, the presiding judge confirmed the pair had reached a comprehensive financial resolution. Feldman later expressed relief to Us Weekly, stating that 'the most painful part' of the separation was behind them and requesting privacy to focus on future projects.
Legal Proceedings and Financial Disputes
Court filings revealed growing tension over financial matters prior to the final settlement. Courtney had requested the court increase her monthly support, arguing that the $3,500 Feldman had been paying—previously raised from $2,000—was insufficient given their income disparity. She cited her part-time employment as a barista and Goodwill employee while noting Feldman's reported six-figure compensation for appearing on Dancing with the Stars.
Her initial request sought $7,226 per month in support, along with retroactive payments and attorney's fees. However, the two sides ultimately reached their final agreement without these additional demands being met. A representative for Feldman previously characterised Courtney's requests as 'unexpected and excessive,' emphasising that the actor had continued providing financial support and maintaining her health insurance since their separation.
Emotional Impact and Moving Forward
Feldman addressed the emotional toll of the legal battle in a social media post, writing that 'pain isn't always physical' and acknowledging overwhelming emotional and mental distress at times. At the time of their split, he told NBC News he had been voluntarily paying spousal support and intended to continue regardless of court rulings, stressing that infidelity was not involved in their separation.
Courtney expressed gratitude for Feldman's support during her health struggles despite their separation, stating she would 'always cherish' their time together. The Canadian-born model and DJ emphasised the challenges of managing chronic fatigue syndrome while navigating the demands of celebrity life.
With the divorce now legally finalised and financial matters resolved, both parties appear focused on moving forward with their respective lives and careers.
