It had been some time since Britney Spears and her mom Lynne had reconnected and reconciled after the singer confidently declared that "time heals all wounds".
Indeed, the news source Radar Online shared that Lynne was "thrilled" to have repaired their relationship after the fallout caused by the controversy around Britney's conservatorship.
An insider has revealed that Lynne is doing everything in her power to strengthen the bond she and the "Baby One More Time" singer have.
She's going above and beyond to re-establish trust between them and create a better relationship for the future.
Nearly two years have elapsed since a judge ended the conservatorship of the "Womanizer" singer, which had been maintained by her father Jamie Spears for quite some time after she raised objections about him having control over her life, financial matters, and healthcare decisions.
In 2008, the public was disturbed to witness Britney Spears' breakdown - which resulted in her being put under conservatorship.
Since the end of her conservatorship, the Grammy Award-winning artist took to social media to point blame at her mom Lynne, accusing her of supplying Jamie with the notion of taking control of her finances and life decisions.
Additionally, Lynne's optimism that she could mend the rift between Britney and her sister Jamie Lynn rose with the recent truce, as Britney had gone to visit her sibling on set.
It is feared though that might not be enough to keep the family from taking control of Britney's life again, including her finances.
This comes amid a warning that Britney may be bankrupt soon, as reported by OK magazine.
Since being released from her conservatorship, the "GImme More" singer is now in charge of her finances.
According to a source who spoke to the outlet, Britney may be facing bankruptcy by next year as her financial team has claimed that bills are continuing to arrive at her doorstep.
Rumors have been circulating about the 41-year-old's financial struggles, and a source close to her has revealed more information.
They claimed she is not well versed in matters of money, leaving her at a disadvantage.
"She doesn't understand how things work," said an insider.
Just a few months after spending $12 million for her Calabasas home, Britney sold the property and took a major loss.
An insider noted that she's still obligated to pay lawyers' fees and child support payments.
However, "she isn't going to let anyone tell her what to do with her money," claiming it is "a way for her to feel freedom."
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