Toni Braxton’s Money Woes Continue…3rd Bankruptcy
Unfortunately, when it comes to financial problems, singer/reality star Toni Braxton is no stranger. Braxton has filled for Chapter 7 Bankruptcy this year, making this her 3rd bankruptcy filing (she filed in 2010 and in 1998). At this point, Braxton is just trying to make sure she remains in possession of her 6 Grammy’s as well as some Tiffany’s jewelry and her 1995 Porsche 911.
Back in 2010, her creditors list was 60 pages long! A few of them included
– AT&T
– The Four Seasons Hotels
– Cedars-Sinai Medical Center
– Various medical bills
– DirecTV
– Neiman Marcus
– The William Morris Agency
– Tiffany & Co.
– Flamingo Las Vegas
– Mesa Air Conditioning
– Nevada Power Company
– Screen Actors Guild
– The Westin
– Wells Fargo Bank
In 2010, the songstress claimed she was worth only between $1 and $10 million. However, her bills added up to about $50 million. Hopefully, with her new ventures, she’ll be able to bounce back fully. Source, Source & Source.