Jack Osbourne, son of the late rock legend Ozzy Osbourne, is facing legal trouble over an unpaid loan, as reported by New York Post. Comerica Bank has filed a lawsuit against the former reality TV star, claiming he defaulted on a $250,000 loan.
The lawsuit details the origins of the loan and Osbourne’s alleged failure to meet his repayment obligations.
“Former reality TV star Jack Osbourne is being sued by a furious bank that claims he defaulted on a $250,000 loan, according to a new lawsuit,” New York Post reported. “The $250,000 loan was taken out in February 2021, and Osbourne’s signature is on the contract with the title ‘sole member and owner’ of Osbourne Media LLC, according to the lawsuit.”
The filing also outlines the financial consequences of the alleged default, including escalating interest charges.
“Osbourne allegedly defaulted on the loan in January 2026, triggering a clause that hiked the interest rate by 3% and made the full balance immediately due, according to the filing,” New York Post continued. “As of April 29, the total amount due is almost $253,000 and the interest continues to accrue at $81.60 a day.”
The case remains ongoing, and no public response from Osbourne has been reported at this time.
The lawsuit adds a new chapter to what has been a turbulent period for Osbourne, who has navigated both personal and professional challenges in recent years. The legal filing sheds light on his business dealings through Osbourne Media LLC, a company he reportedly founded and led as sole member and owner.
As TV Shows Ace noted, once Osbourne defaulted on the loan in January 2026, the full amount became immediately due under the terms of the agreement. It has remained unpaid while continuing to accrue interest at a rate of $81.60 per day.
The loan itself was taken out in February 2021, suggesting Osbourne had been servicing the debt for nearly five years before the reported default. The timing of the default, coming just months after the passing of his father Ozzy Osbourne, has drawn additional attention to the family’s financial circumstances.
No statement from Jack Osbourne or his legal representatives has been made public in connection with the lawsuit. It remains unclear whether Osbourne Media LLC is still an active business entity or whether any settlement discussions have taken place between the parties.
The case is a reminder of the financial pressures that can accompany celebrity business ventures, particularly when personal circumstances intersect with corporate obligations. As interest continues to accumulate daily, the total outstanding balance is expected to grow further until the matter is resolved in court or through a private agreement.
