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Toni Braxton Files For 2nd Bankruptcy

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Forget about unbreaking her heart - Toni Braxton needs someone to unbreak her bank account.

According to TMZ.com, the singer has filed for bankruptcy this week, which is the second time in 12 years.

Braxton, who filed the paperwork in California, reportedly claimed her worth is between $1 million and $10 million, but she has allegedly up to $50 million in debt.

The former "Dancing With the Stars" contestant lists nearly two dozen creditors whom she may owe money to, including AT&T, Tiffany & Co., Neiman Marcus, Flamingo Las Vegas and Cedars-Sinai Medical, according to the gossip site.

Braxton, who turns 43 today, has had a number of health problems in recent years - she has suffered from heart disease and had a benign tumor removed from her breast in 2008.

The one-time Las Vegas headliner may also have unpaid debts to DMVs in Nevada and California.

Braxton filed for bankruptcy for the first time in 1998, and was hit by the IRS with a $396,000 tax lien earlier this year.

Source: NY Daily News



Kevin Eason is a freelance editorial cartoonist and Illustrator from New Jersey. His brand of satire covers news events in politics, entertainment, sports and much more. Follow him on Facebook.

 

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