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Toni Braxton

I Graduated From Debt School!

4/26/2011 8:00 AM PDT BY TMZ STAFF

She's broker than a joke, but Toni Braxton is now rich in knowledge ... after completing a court-ordered class on personal financial management -- and she has a certificate to prove it!!!

Toni Braxton Debt

Toni -- who filed for bankruptcy last year claiming she was between $10 and $50 million in debt -- was ordered to complete the course as a part of her case ... and earlier this month, she got it done. 

According to the certificate, obtained by TMZ, Toni passed an "Internet instruction course concerning personal financial management."

Grad party, anyone????

21 COMMENTS

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1.

sonny    

FIRST

1278 days ago
2.

Jodi    

I really hope she has an understanding on how to use her money wisely. This is her second BK and she's only in her 30's.

1278 days ago
3.

Truth    

HER REALITY SERIES SUCKS ASS TOO. SHE NEEDS A COURT ORDERED CLASS TO STOP THAT SHIET. TRUTH!!!

1278 days ago
4.

MIDNIGHT TOKER    

that class is a joke.....errr not that I would have first hand experience ..I just heard about it from a umm friend

1278 days ago
5.

queen love    

That's Toni's younger sister...All black people don't look alike.

1278 days ago
6.

Real Talk    

THAT'S NOT TONI BRAXTON'S PICTURE! THAT'S ONE OF HER SISTERS! I KNOW THAT HER AND HER SISTERS LOOK ALIKE BUT HOW DISRESPECTFUL OF TMZ TO GET HER PICTURE INCORRECT! SHAME ON YOU TMZ!

1278 days ago
7.

JBDragon    

I think when most anyone comes into a huge amount of money, they don't know how to hold onto it. Doesn't matter the RACE. For example, I hear story after story after story or people winning the Lottery big time in a few years broke again or worse, Murdered! Usually it's just broke, Bankrupt. You buy your Million dollar home, but forget things like Property taxes that are HIGH, Maintenance on that Expensive Home. Your buying the expensive Cars to go with it, and then the trips around the world and before you know it, you have nothing left. Few invest their money wisely.


While your Up on the Charts making a whole lot of money, a percentage of that should be put away and Invested for that Rainy day fund when no one cares who you are anymore or your Music. There's not a lot of artists that have the staying power to be around for 30 years.

1278 days ago
8.

Kevin    

Bringing race into this is the dumbest thing ever.

By the way, when's Toni's Playboy coming out?

1278 days ago
9.

OooooNooo!    

Who in their right mind keeps loaning money to someone with a history of mismanagement? Maybe Nic Gage should take the same on-line class?

1278 days ago
10.

Gatanegra    

Let's hope she learns from it.

1278 days ago
11.

northern gypsy    


how much in debt ??? 10-50 million !!! even if it's only 10 million (?) that's allot of coin...nobody let her near a credit/debit card...or...cheque book...this woman is lethal when it comes to $$$ !!!

1278 days ago
12.

Tammy    

This biotch didn't learn her lesson the first time. Hence, this second bankruptcy. Therefore, I doubt a piece of paper is gonna get it through her stupid head and there will be a third time.

1278 days ago
13.

Mama E    

Ummm.....hello TMZ do your research a little better. EVERYONE and ANYONE who files bankruptcy must complete a pre and post petition debt counselling. It is a complete waste of time and money (you can thank our hard working gov't officials for this stupid $ waste) but is required by law since the bankruptcy law changes in 2007 (I believe it was). So, Toni and the millions of others have to, not just because she is a celebrity.

1278 days ago
14.

kp    

She has done this before, live the high life, park any where you feel like it, stay in the best hotels, eat at the best food joints, drive the best cars, LIVE LIKE A F+++ING QUEEN.

1278 days ago
15.

me    

Yeah, EVERYONE who files BK has to take a Debtor Education course to receive a discharge in their case. The class is a big fat joke.

1277 days ago
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