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.
Comerica Bank is going after the son of the late rock legend Ozzy Osbourne and “Osbourne Media LLC” in a new lawsuit filed Friday and obtained by The California Post.
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.
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. As of April 29th, the total amount due is almost $253,000 and the interest continues to accrue at $81.60 a day.
Jack launched the Osbourne Media House website in April 2024 with the promise of pushing all things Osbourne — including podcasts, the family’s reality show, and original content — for $10 a month.
However, the venture only lasted a year, with Osbourne later revealing on his YouTube channel that financial troubles played a role. “It was self-funded,” he said, adding the family “put in funds” and ultimately “bit off more than they could chew.”
It’s unclear if funds from the loan in the lawsuit were used to fund Osbourne Media House.
The bank is seeking the original $250,000 and all incurred interest along with the cost of the lawsuit. Request for comment from both Osbourne and Osbourne Media weren’t immediately answered.
Ozzy died of a heart attack in July 2025 after a battle with Parkinson’s, he was 76.
The whole family was devastated and Jack described his father’s last day alive. “He was up, he was doing his thing, had some breakfast, and that was it,” the youngest Osbourne child said on the “Hate to Break it to Ya” podcast.
Jack also opened up about a sweet moment that he shared with his dad after Ozzy’s final show with Black Sabbath, which took place less than three weeks before his death.
“I was putting him to bed, and he was brushing his teeth or whatever, and he was looking at himself in the mirror, and he goes, ‘I think I’m gonna cut my hair off.’ I’m, like, ‘Why?’ And he’s, like, ‘I’ve retired. I’m not a rock star anymore,’” the “Dancing with the Stars” alum recalled.
So I think about that, and I’m, like, ‘Yeah, he was done. He was OK with his journey,’” Jack added.