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SMH: Toni Braxton Files For Bankruptcy, Claiming She May Be Up To $50 Million In Debt


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.

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

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Tags: $50, Bankruptcy, Braxton, Claiming, Debt, Files, For, Have, In, May, More…Million, She, To, Toni, Up

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DESTINY CAMPBELL Comment by DESTINY CAMPBELL on October 9, 2010 at 12:55am
NOT AGAIN TONI...THE WHITE WAY..TOO KEEPING YOUR CASH!
check me out in my video 50's most wanted DESTINY CAMPBELL NAKED "BANG BANG
"http://www.thisis50.com/video/bang-bang-by-destiny-cambell
OR YOUTUBE DESTINY CAMPBELL..NEXT UP!!
David Jones Comment by David Jones on October 8, 2010 at 1:53pm
Are you looking for your next big hit, or your big breakthrough single????, then check me out at www.soundclick.com/jobeatz for the hottest beats around, beats in all genres, so what are you waiting for?, your big hit single is right around the corner at www.soundclick.com/jobeatz, so get at me now -Super Producer J/O-
M.K.J... Comment by M.K.J... on October 8, 2010 at 9:23am
WHAT A WAY TO SPEND HER BDAY...
blackneo Comment by blackneo on October 8, 2010 at 4:31am
its all sad
David Jones Comment by David Jones on October 8, 2010 at 1:22am
Are you looking for your next big hit, or your big breakthrough single????, then check me out at www.soundclick.com/jobeatz for the hottest beats around, beats in all genres, so what are you waiting for?, your big hit single is right around the corner at www.soundclick.com/jobeatz, so get at me now -Super Producer J/O-
venom Comment by venom on October 8, 2010 at 1:16am
damn thats crazy its time to come to the projects trade the bmv for a honda, and tell those diamonds and she straight
Tony balance Comment by Tony balance on October 7, 2010 at 11:36pm
damn...i feel for her...you have backed up bills..finally when you do get that check you gotta say
some body aint gettin paid. f***** up..she still fine tho
ETF ETERNITY Comment by ETF ETERNITY on October 7, 2010 at 10:05pm
DefJam WINNER
DefJam Rapstar Contest- Eternity
http://www.youtube.com/watch?v=GcSmU4wdCYw
David Jones Comment by David Jones on October 7, 2010 at 8:20pm
Are you looking for your next big hit, or your big breakthrough single????, then check me out at www.soundclick.com/jobeatz for the hottest beats around, beats in all genres, so what are you waiting for?, your big hit single is right around the corner at www.soundclick.com/jobeatz, so get at me now -Super Producer J/O-
Dl9ab Comment by Dl9ab on October 7, 2010 at 8:09pm
go f**k 50, maybe he'll pay for your debt

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