Friday, October 8, 2010

TONI BRAXTON GOT 50 MILLY IN DEBT!

Toni Braxton, who previously filed for bankruptcy in 1998, is reportedly up to $50 million in debt.

Forget about unbreaking her heart – Toni Braxton needs someone to unbreak her bank account.

According to TMZ.com, the singer has filed for bankruptcy this week, which is the second time in 12 years.

Braxton, who filed the paperwork in California, reportedly claimed her worth is between $1 million and $10 million, but she has allegedly up to $50 million in debt.

The former "Dancing With the Stars" contestant lists nearly two dozen creditors whom she may owe money to, including AT&T, Tiffany & Co., Neiman Marcus, Flamingo Las Vegas and Cedars-Sinai Medical, according to the gossip site.

Braxton, who turns 43 today, has had a number of health problems in recent years – she has suffered from heart disease and had a benign tumor removed from her breast in 2008.

The one-time Las Vegas headliner may also have unpaid debts to DMVs in Nevada and California.

Braxton filed for bankruptcy for the first time in 1998, and was hit by the IRS with a $396,000 tax lien earlier this year.

sweiss@nydailynews.com


Read more: http://www.nydailynews.com/gossip/2010/10/07/2010-10-07_toni_braxton_files_for_bankruptcy__again.html#ixzz11lTAS2rB

No comments:

Post a Comment