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Toni Braxton

Bankrupt Again

May Owe $50 Mil

10/7/2010 10:45 AM PDT BY TMZ STAFF

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.

Toni Braxton bankruptcy.
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
-- ADT Security
-- American Express
-- Flamingo Las Vegas
-- Mesa Air Conditioning
-- Nevada Power Company
-- Screen Actors Guild
-- The Westin
-- Wells Fargo Bank

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. 

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Previous 15 Comments | 9 | 10 | 11 | 12 | 13 | 14 | 15

Pest Control Portland    

She should pay orkin. Pest control work is hard and costs quite a bit.Pest control portland is hard work and should not be taken lightly.

1121 days ago


Hey, wait a minute, all this crap is dedicated to Nobama! He will lose in the election because he is the cause of this recession, jobs gone away and the piss poor economy!

Nobama is a putz, a clutz, and whatever else!

1034 days ago

chris caldwell    

To paraphrase Carl Jung..."what bothers us most about other people is usually a reflection of ourselves." All the hateful comments here are most likely from people who don't pay their own mortgages, but someone how find the money to be able to stand in line for days to buy an iphone/ipad.

1034 days ago


I think she needs a new accountant.

1034 days ago


Dear Penny,

Unbankrupt my heart .. say you'll pay me again .. undo this hurt you caused when you walked out that door and out of my life.

691 days ago


POS just sums it up and I'll tell you why. though she may be an amazing singer, there are TONS of amazing singers that dont strike the lottery and become famous. With 40 million records sold, you would think she would have plenty of money to live on, as well as help her family for the rest of her life. this is insane. how do u sell 40mil records and have the nerve to claim bankruptcy twice, which is flipping the bill to the average american to pay so that she can start fresh. F her.

690 days ago


This is the secong time that she does it, THE SECOND TIME !!!! does she has any decency?
She should go to jail for defrauding creditors

663 days ago


If all these people would stop thinking big they'd see your just as happy in a normal size home believe me if I'd win the lottery I'd still be in the same home!

657 days ago


She must be bi-polar how for the love of God do you get in a funk like that after the other funk like that you were in just a minute ago,And who's giving her credit? I would not loan her beer or cigarettes money!WOW!!

542 days ago
Previous 15 Comments | 9 | 10 | 11 | 12 | 13 | 14 | 15

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