Topic: Six-time Grammy winner Toni Braxton files for bankruptcy yet Again  (Read 3690 times)

0 Members and 1 Guest are viewing this topic.

Toni Braxton has filed for bankruptcy for the second time in Los Angeles, citing her heart condition as a major factor in her money woes.

Her attorney, Debra Grassgreen, says in a statement the decision to file came after months of trying to work out deals with creditors.

Court records show Braxton filed for bankruptcy on September 30 in Los Angeles. The type of bankruptcy she filed could result in the sale of some of her assets to pay off debts listed in court records as ranging between $10-million (about R70-million) and $50-million.

Braxton's filing estimates her assets are worth up to $10-million.

The six-time Grammy winner was forced to cancel a series of shows in Las Vegas in 2008 after being diagnosed with microvascular angina, a heart condition http://www.iol.co.za/tonight/toni-braxton-files-for-bankruptcy-again-1.987447#.Udst8pyPwcY

 

Related Topics

  Subject / Started by Replies Last post
0 Replies
5000 Views
Last post October 11, 2012, 03:41:36 PM
by dayod247
1 Replies
3547 Views
Last post October 22, 2012, 08:21:25 AM
by olaniyi
0 Replies
4391 Views
Last post August 19, 2013, 09:40:53 AM
by ayo2
0 Replies
1982 Views
Last post April 23, 2016, 01:00:54 AM
by clowntom
0 Replies
1918 Views
Last post February 11, 2017, 01:01:31 PM
by goal.com
0 Replies
1792 Views
Last post June 20, 2017, 01:04:43 PM
by linda
0 Replies
1841 Views
Last post April 02, 2018, 01:06:21 PM
by betpredict
0 Replies
1219 Views
Last post March 03, 2021, 07:02:57 PM
by PulseNG
0 Replies
1003 Views
Last post August 10, 2023, 01:00:54 AM
by flukky-2
0 Replies
725 Views
Last post November 17, 2023, 07:01:55 AM
by thenation