The former couple reached a settlement, E! News reports, meaning they can avoid going to trial. Neither Collins nor Grant was awarded spousal support.
Collins and Grant, who share a daughter, split in 2012, when Grant claims she first learned her husband had sexually assaulted young girls. In October, TMZ published audio of Collins admitting to the molestations during a therapy session with Grant.
During their divorce proceedings, Collins' attorney argued that Grant barred herself from getting any of the actor's money because of the recording and accused Grant of extortion. However, Grant continues to deny she leaked the tape.