This topic is locked, no replies allowed. Inaccurate or out-of-date info may be present.

  • Print

  • Toni Braxton files for second bankruptcy in LA 5 1
Rating:  
Topic: Toni Braxton files for second bankruptcy in LA  (Read 665 times)

marieelissa

    US flag
    View Profile
  • Silver Member
  • *******
  • Posts: 1283 (since 2009)
  • Thanked: 0x
Toni Braxton files for second bankruptcy in LA
« on: October 07, 2010, 05:50:09 pm »
Toni Braxton has filed for bankruptcy a second time, citing millions of dollars in debt and financial problems exacerbated by a heart condition that forced her to cancel a series of Las Vegas shows.

The filing will likely result in the six-time Grammy Award winner having to sell some of her assets to pay off debts listed in court records as ranging between $10 million and $50 million.

Her attorney, Debra Grassgreen, said in a statement the filing will allow Braxton to pay off tax debts, sell heavily indebted property in Atlanta and still care for her children.

  • Print
 

Related Topics

  Subject / Started by Replies Last post
12 Replies
2807 Views
Last post September 30, 2009, 07:40:48 am
by manmillerm
0 Replies
641 Views
Last post April 13, 2012, 10:30:24 am
by Red02102002
0 Replies
652 Views
Last post April 13, 2012, 10:31:39 am
by Red02102002
0 Replies
675 Views
Last post October 11, 2012, 10:22:43 am
by rabbitpbcup
45 Replies
3643 Views
Last post July 01, 2020, 11:22:13 am
by mrisha