Toni Braxton Files for Bankruptcy… Again – It appears Toni Braxton is in financial troubles once again. Braxton has filed for bankruptcy claiming she owes somewhere between $10 million to $50 million.
Braxton, who was a 90s R&B singer that was always putting out chart-topping music, just never really had a good plan financially. She filed for Chapter 7 bankruptcy in California just recently and according to legal documents, she claims she is worth somewhere between $1 million and $10 million.
Unfortunately, this isn’t even the first time that the former R&B singer had to file for bankruptcy. It appears she’s been having financial troubles throughout her entire career as she filed back in 1998 as well. Earlier this year, the IRS filed a lien against her for $396,000.
On top of owing the IRS money and filing for bankruptcy, she apparently owes some money to the City of Los Angeles for parking violations as well as to the DMV of both California and Nevada.
To make matters worse, this is all happening on her birthday which is today. She’s turning 43 and I’m sure this isn’t the birthday present she was looking forward to.
Hopefully some of her close friends can pitch in to get her a great birthday gift… a large sum of money to pay her debts back.