Friday, October 8, 2010

Toni Braxton Bankrupt Again, May Owe $50 Million

Toni Braxton.
Toni Braxton has filed for bankruptcy again, claiming she owes somewhere between $10 million and $50 million in unpaid debts all over the country, including DMVs in two different states.
Braxton, who sold more than 40 million albums in her career, just filed for Chapter 7 bankruptcy in California, and in the documents, the singer claims she's only worth somewhere between $1 million and $10 million, but she could have up to $50 million in debts.
In the documents, 43-year-old Braxton lists a ton of creditors to whom she thinks she may owe money, including:
-- AT&T
-- The Four Seasons Hotels
-- Cedars-Sinai Medical Center
-- Various medical bills
-- DirecTV
-- Neiman Marcus
-- The William Morris Agency
-- Tiffany & Co.
-- Orkin Pest Control
-- The Internal Revenue Service
-- BMW Financial Services
Braxton also claims she may owe money to the City of L.A. Parking Violations Bureau and the DMV in both California and Nevada.
Braxton has a storied history of financial problems. She filed for bankruptcy back in 1998, and earlier this year, the IRS filed a lien against her for $396,000.

No comments:

Post a Comment