Sunday, September 25, 2016

Toni Braxton Files For Bankruptcy Again

October 9, 2010 by · Leave a Comment 

Everyone seems to be reeling from the tight economic situation the United States went through (let’s assume the recession is indeed really over) and Toni Braxton is no exception.

The Grammy-award winning singer filed for bankruptcy last month – for the second time. The thing is she does not even know how much she owes creditors.    

All she knows is that her debts fall somewhere between $10 million and $50 million. Whew, what a guess-timate! (Will someone be so kind enough as to refer an accountant to this woman please.)

Braxton, 43, lists a number of creditors seeking repayment on her bankruptcy filing, like Wells Fargo Bank, the IRS, medical bills (she reportedly suffers from pericarditis and two years ago was hospitalized for an undisclosed condition), and she even listed down Orkin Pest Control and The City of Los Angeles Parking Violations Bureau.  

Also on Braxton’s list of creditors seeking payment are: Tiffany & Co., Neiman Marcus, Screen Actors Guild, William Morris Agency, DirecTV, American Express, Nevada Power Company, ADT Security, Airport Concierge Services, Atlantic Records, BMW Financial Services, The Westin, The Four Seasons Hotels and the Flamingo Las Vegas.

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