Grammy-winning singer Toni Braxton has filed for bankruptcy again.
According to TMZ, the 'Un-break My Heart' singer is claiming she owes between $10 million and $50 million in unpaid debts all over the country.
The 43-year-old singer has filed for Chapter 7 bankruptcy in California and according to the documents, Braxton states she's only worth between $1 million and $10 million despite potential debts of possibly $50 million.
In addition to Department of Motor Vehicles debt in California and Nevada, the Mary
land-bred vocalist also lists a bevy of other creditors including The Four Seasons Hotels, AT&T, Neiman Marcus, Cedars-Sinai Medical Center, Tiffany & Co., Direct TV, IRS, BMW Financial Services, The William Morris Agency, Orkin Pest Control and various medical bills.This is Braxton's second time dealing with bankruptcy. The first time was in 1998.
Earlier this year, the IRS filed a lien against the singer for $396,000.
Braxton, who appeared on the seventh season of 'Dancing with the Stars' in 2008, released her sixth solo CD, 'Pulse' on May 4, 2010.
In May 2006 the singer headlined a show at the Flamingo Hotel in Las Vegas called 'Toni Braxton: Revealed.' The show ran until April 2008, when it was forced to close because Braxton was hospitalized and then diagnosed with a heart condition called pericarditis.
Braxton was married to former Mint Condition singer Keri Lewis for eight years. The two announced their split in Nov. 2009 and have two sons, Denham and Diesel.
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Comments: (47)
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By: mrs b on 10/08/2010 9:44PM
MANY YEARS AGO I FILED BANKRUPTCY DUE TO GETTING SICK WITH NO HEALTH COVERAGE. WHEN THE HOSPITAL BILLS STARTED POURING IN, I WAS OVERWHELMED. I FILED,GOT BACK ON TRACK AND NEVER LOOKED BACK. NOW, LET'S FIGURE SOMETHING OUT HERE: SHE'S FILING BANKRUPTCY AGAIN. FIRST TIME SHE WAS MORE THAN LIKELY CARELESS AND OVER-EXTENDED HERSELF. BANKRUPTCY IS SUPPOSE TO GIVE YOU A FRESH START. NOW SHE HAS A FAMILY, A CHILD WITH AUTISM (I'M SURE THE MEDICAL BILLS WERE FROM THAT). BUT SHE HAS A LOT OF SHOPPING BILLS THAT ARE NOT NECESSARY. IF YOU DON'T HAVE THE INCOME TO COVER YOUR EXPENSES, YOU NEED TO CURB YOUR SPENDING UNTIL THINGS PICK UP. REMEMBER PEOPLE, HER HUSBAND IS A MEMBER OF MINT CONDITION BUT THEY WEREN'T MAKING MONEY LIKE THAT SO SOMEONE WAS SPENDING TOO MUCH TIME IN THE STORES. I HOPE SHE LEARNS FROM THIS BECAUSE IT MAKES NO SENSE TO SHOP, FILE BANKRUPTCY AND CLEAN YOUR DEBTS WHILE OTHER PEOPLE WHO ARE RESPONSIBLE PAY THEIR DEBTS.
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By: the Right Reverend Dr. Thurgood Goodlove on 10/08/2010 11:54PM
Lawd, Lawd... Why is this even news! Rich people don't operate under the same rules as you regular folks! We don't pay our way because it's the American way!
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By: DollBaby101 on 10/13/2010 2:03PM
Well hell...
TELL ME the rules because Imz here tryna get rich!! For real!!!
I dont care, just give me the game.
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By: D.NEW on 10/09/2010 8:57AM
HEY YA'LL DONT 4GIT SHE SHOULDA NEVER! GONE BROKE! THE 1ST TIME SHE GOT JERKED....FA,REAL
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By: D.NEW on 10/09/2010 9:04AM
and it wasent SOME $5 HUSTLE IT WAS A RAPE! ALL THAT ON TOP OFF HER SICK KID
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By: Lucille on 10/12/2010 12:32PM
Toni is not alone, the average American is living beyond their means racking up debt. Most families in this country are just a few paychecks away from financial chaos. We do not like to look in the mirror when it comes to money, but the waters run deep and Toni is not the only one over her head in debt. A lack of financial information is creating a large number of people just like Toni.
If you are ready to take charge of your financial situation then get a copy of my book, "Sick and Tired of Being Broke." The First Steps on the Road to Financial Independence for Everyday People! The use of financial knowledge is the key to making better choices when it comes to your money.
Lucille Tyler Baldwin
Author of "Sick and Tired of Being Broke"
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By: DollBaby101 on 10/13/2010 2:04PM
LOL girl you funny as hell for this book. Does it come with a book cover??? lol I dont need mfs knowing that I may presently have this issue, lol.
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