Brian Damage
10-07-2010, 09:16 AM
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 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.
http://www.huffingtonpost.com/2010/10/07/toni-braxton-bankruptcy-5_n_753809.html
MrCleveland
10-07-2010, 05:16 PM
^That Dress may have to be trimmed a little more now after her bankruptcy.:lol:
catlover79
10-08-2010, 01:33 AM
^That Dress may have to be trimmed a little more now after her bankruptcy.:lol:
:rofl: Seriously, it seemed when she was on Babyface and LA Reid's LaFace label - almost every artist went bankrupt. What's her excuse this time??
80sTrivia
10-10-2010, 06:21 AM
This is really kind of sad... spending money you don't have and not learning a lesson from it... :rolleyes:
catlover79
10-10-2010, 05:14 PM
This is really kind of sad... spending money you don't have and not learning a lesson from it... :rolleyes:
:yeahthat
HuntingtonM15
10-10-2010, 05:20 PM
That's pathetic. Her debt is between $10-50 million...that's quite a significant difference in amounts.
HuntingtonM15
10-11-2010, 11:55 PM
Brad Wollack on Chelsea Lately tonight: Toni Braxton has had more bankruptcies than hits. :rofl:
sunshinefizzy
10-12-2010, 02:15 PM
Does she even sing anymore??? Maybe that's your problem Toni, you need to start working again.
isiahthomas
10-16-2010, 11:42 AM
Yeah that's sad she's having financial problems. I like that dress she got on in that picture. Seeing her looking sexy in that picture makes me wanna have sex with her hahahahahahahaha. She needs to do a lot of albums and a lot of concerts to pay for all the money she owes hahahahahahahahahahaha. She obviously knows nothing about saving money and spending money wisely. I can't say i'm surprised because a lot of black celebrities have financial problems because they're big spenders. A lot of them grew up poor in the ghetto and have never had nice things before. So when they get a lot of money, they don't know how to act. They buy a lot of expensive things and try to live beyond their means to impress people and that's sad. Ronald Isley of the Isley Brothers got outta prison 4 years ago for tax evasion. Marvin Gaye owed the IRS before he died. Former boxers Mike Tyson, Evander Holyfield, Riddick Bowe are broke. That's so pathetic. Michael Jackson died broke.
catlover79
10-16-2010, 12:22 PM
Brad Wollack on Chelsea Lately tonight: Toni Braxton has had more bankruptcies than hits. :rofl:
OUCH. :eek: :lol:
catlover79
10-16-2010, 12:23 PM
Does she even sing anymore??? Maybe that's your problem Toni, you need to start working again.
Good point - and maybe she should read some books about keeping a budget!!!