Toni Braxton — Bankrupt Again, May Owe $50 Mil
by tmz on Oct.07, 2010, under Entertainment, Singer, TV
Toni Braxton — Bankrupt Again, May Owe $50 Mil
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.
Toni Braxton bankruptcy.
Braxton — who sold more than 40 million albums in her career — just filed for Chapter 7 bankruptcy in California … and in the docs, the singer claims she’s only worth somewhere between $1 mil and $10 mil … but she could have up to $50 mil in debts.
In the docs, 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 $396k.
Source: TMZ