The Oscar-winning actress and reality television personality split up in March after several women told various media outlets they had sex with James during his five-year marriage to Bullock.
Bullock filed for divorce in April and insiders told TMZ both parties signed the final divorce documents last week.
The sealed papers were filed with the clerk's office in Travis County, Texas, where the couple shared a home, the Web site said.
Boston schools pull out free condoms over wrapping complaints
Millions of Getty images now available for free via embed tool