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Toni Braxton -- Bankrupt Again, May Owe $50 Mil

10/7/2010 9:20 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. 

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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. 

A close relative of Toni Braxton tells TMZ ... the singer's financial undoing can be traced back to her show in Las Vegas.

The relative tells us Toni took out "show insurance" through Lloyds of London for her act at the Flamingo Las Vegas Hotel and Casino back in 2007. 

When Toni was diagnosed with a heart condition -- in the middle of the show's run -- she had to pull the plug, but she was still on the hook to the Hotel for big bucks.  Toni expected Lloyds to cover the loss but Lloyds didn't, arguing Toni had a undisclosed, preexisting medical condition, rendering the policy void.

In the end, Toni had to absorb a huge loss, which the relative claims sent her on a downward financial spiral.

Toni Braxton showed up to the Dolphins game in Miami on Monday ... wearing some blinged out jewelry, a snakeskin bag and a pair of Louboutin heels which retail for over $800.

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Simon Cowell's Birthday Surprise


Birthday boy Simon Cowell had a little surprise waiting for him today when he showed for work -- emphasis on the little.

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When the now 51-year-old former "American Idol" judge pulled up to the "X Factor" set in the UK this morning, a band of singing little people greeted him.

They were all wearing shirts reading "Happy Birthday, Love Cheryl" -- as in "X Factor" judge Cheryl Cole.

What else do you get the guy who has everything?!


Tom Cruise's Body -- A Closer Look!


Tom Cruise proved he's still in top form yesterday in Prague, where he was filming some shirtless scenes for "Mission: Impossible 4" -- and now, we can get a closer look at that six-pack!

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Click the photo to zoom in on the 48-year-old's impressive physique.


Justin Bieber -- He's a Kippah!


Justin Bieber threw on his finest yarmulke and went to the wedding of his musical director in Toronto over the weekend.

Justin Bieber
Oy, he looks so skinny. He should really eat something.

100110_bieber_video4UPDATE: Bieber also joined forces with the groom (who played guitar) to rock "Baby" for crowd ... it's definitely worth a watch.



Ashley Tisdale -- The Vegas Bikini


It was 96 degrees in Vegas this weekend -- and Ashley Tisdale adapted to the heat by throwing on the tiniest bikini she owns.

Ashley Tisdale bikini

Our friends at OfficialImage.com caught the "Hellcats" star takin' a dip at Wet Republic at the MGM Grand ... right around the time Avril Levigne was celebrating her 26th birthday.

FYI -- Avril was sans her kinda-sorta-maybe boyfriend Brody Jenner.


Johnny Depp Gets Jack'd Up


Johnny Depp was back on set today to resume filming on "Pirates of the Caribbean: On Stanger Tides" in London -- where we got a closer look what it takes to get him to look like Captain Jack Sparrow.

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Depp arrived on set with his hair down, wearing jeans, a t-shirt and a plaid shirt -- but then re-emerged with his hair in braids ... which were then covered up with a wig.

Check out Depp's crazy transformation -- plus zoom in on some secret set shots!


What's the Big Frigin' Difference?!


Scrounge up your spectacles and see if you can find the hidden differences in the following photos!

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**HINT -- There are THREE differences in the above picture!**

Celebrity Scramble!


Can you guess whose handsome man mug got a nasty celebrity scramblin'?

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154 COMMENTS

No Avatar
91.

rick    

Just another DUMB Monkey, LMFAO

1387 days ago
92.

Patty    

There is no reason to run up that many bills. They should not allow Toni to file bankruptcy AGAIN. Once I can see (as I have done that myself, but for a tiny drop compared to hers'), but no way. She did it, let her suffer the consequences the rest of her life for it. No excuse at all! This makes me furious. If they allow her to write any of this off they are fools!

1387 days ago
93.

Mac    

Can you say " Trailer Trash " ?

1387 days ago
94.

Lassie    

$50 million?

1387 days ago
95.

Lassie    

$50 million? You know, I don't know all the facts, or what that insurance thing was all about. But if you sell 40 million records, file for bankruptcy TWICE and the second time was for $50 mil - it takes someone SPECIAL to be able to do this.

1387 days ago
96.

steve g    

WAH, WAH,WAH, WAH, ONLY SOMEWHERE BETWEEN 1 AND 10 MIL, AND THE LIST, IRS, EVEN SOMEONE UNDER POVERTY LEVEL HAS TO PAY THE IRS, TIFFANY AND CO, GEEE, SOME OF US CAN'T EVEN AFFORD TO WALK PAST A TIFFANY AND CO. POR TONI, I FEEL BAD FOR HER (NOT!!!!!)HEY TONI, PAY YOUR DAMN DEBTS!!!!!!!!!1LIKE EVERYONE ELSE!!!!!!!!!

1387 days ago
97.

Jarret    

Type O Negative has sold millions more five star rated records than Tony Braxton, while reciving absoultely no air time on the radio or satalite stations. Any one can visit their offical website by searching for them on goggle. Type O Negative is the world's finest band.

Miss Braxton, needs a truly successful band to unbreak her bank account.

1387 days ago
98.

SUE    

Why is not fraud? Running up expensive bills all over the country, she knows she can't pay. How is that different than fraud. She should not be allowed to file bankrupcy AGAIN. Charges need to be filed against her.

1387 days ago
99.

shani    

It's funny I was just listening to her song "let it flow" from waiting to exhale soundtrack. 1st time in years. Its very inspiring. I will just say that: What ever she's going through, she should
just let go, let it flow , let it flow, let it flow.
Everything is gonna work out right you know. (her own words).

I wish her much health and happiness.

1387 days ago
100.

Sharon    

Maybe Toni Braxton needs to get a job like everone else and work her debts off!! Nobody helps my family with my debts.

1387 days ago
101.

dxxy4u    

Everyone else is doing it, so why can't Braxton file? Hell all of Wall Street filed bankruptcy. Big profit making Companies are clearing their books doing it, so lay the hell off Braxton.

1387 days ago
102.

Steve    

We need to reinstate debtors prisons for people like this. In the real world people pay their debts. On second thought, Debtors prison would be too good for her let her live in a homeless shelter and provide her keep by doing menial tasks.

1387 days ago
103.

TaxMyZanity    

As long as I have a face, Toni Braxton will all ways have a place to sit !!

1387 days ago
104.

lee    

pay your bills Girl...the rest of us try to pay our bills..you pay yours and cut the crap out

1387 days ago
105.

Pat    

Regarding Toni Braxton, let me first say, that when you know God, and then you get rich and do not need him anymore, this is the result. KNOW GOD KNOW PEACE. NO GOD, NO PEACE. It seems to me that Ms. Braxtom bit off more than she can chew. I am sure she has things in her home or closet that she can sell at a garage sale. No one should owe that much if they do not have a business. Secondly, she must learn to make bills only what she can afford, and she must also learn to pay her bills, and pay them on time. I asm not sorry for her in the least bit, nor am I sorry for anyone who buy things that they cannot afford. I hope that this second time around she has learned her lesson and start to live within her means. And another thing, please go back to the God of your Father, he still loves you. The life you have chosen is not the life God had planned for you.

1387 days ago
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