TMZ

Our TV Shows

Got a Tip?

Call TMZ at (888) 847-9869 or Click Here

Toni Braxton

Buys $3 Million Mansion

6 Months After Bankruptcy

1/28/2014 12:30 AM PST BY TMZ STAFF
EXCLUSIVE

0127-toni-braxton-01
Reality TV can pull you out of bankruptcy and get you a $3 million house next to Justin Bieber ... all in 6 MONTHS ... and Toni Braxton's living proof.

Real estate sources tell TMZ, Toni -- whose reality show "Braxton Family Values" is already on its third season -- just purchased a mansion for close to $3 million in Calabasas' exclusive gated community The Oaks ... just a few houses down from Justin.

The house is 4 bedrooms, 5 bathrooms, and measures 5,323 sq. ft.

Technically, it's the smallest house in the neighborhood ... but still, not too bad for someone who was dead ass broke less than a year ago.

Toni's real estate purchase has to sting for her old creditors -- as we reported, when Braxton filed for bankruptcy in 2010 (for the second time) she claimed debts as high as $50,000,000 ... and only ended up repaying a tiny fraction of that before the debts were cleared entirely.

Only in America ...

0123_celebrity_cribs_cool_footer_v3

97 COMMENTS

No Avatar
31.

FlamingoNut    

You couldn't pay ME to live in that complex...

212 days ago
32.

bkblueknight    

someone is actually stupid enough to lend this skank money? shes not going to pay anything back dont you realize

212 days ago
33.

Kendra    

Why in the heck not? Businesses file bankruptcy all them time. I am sure she didn't slap down 3 mill so if she has the income to support the payments then its all good.

212 days ago
34.

Alicia    

Leave her alone. How about you tell the entire story TMZ. Readers do not be gullible. Do not be like TMZ and not know the definition of bankruptcy.

212 days ago
35.

freaksloan    

Sinbad must be her financial planner.

212 days ago
36.

sandy81     

Umm if anyone is familiar with the show, u can see this house on an episode. So being that some shows are shot almost 6 months before the show airs then that means she purchased this house well over 6 months ago. So why in the phuck is this story just now being published? Perhaps the house is paid in full and if that's the case then who gives a damn about her bankruptcy because she can say it's hers. Some of y'all people just get ur panties in a wad over these celebrities like they are affecting you personally in your everyday lives. Everybody go smoke a doobie then come back n read it and see don't you laugh instead of whine like lil 'BrITCHES'

212 days ago
37.

I can only speak for myself but....    

Damn must be nice.....I guess being a celebrity does pay off!!!! Wouldn't want those creditors on my conscious.

212 days ago
38.

aldz    

Ooooooooo...who cares! Give us some real news!

212 days ago
39.

Jamey Hunter    

This is what I said would happen. As soon as she was cleared from all her debts she started spending again. Only in the good old USA.

212 days ago
40.

Gsharon 710    

TMZ do you know everything about her financial status ? I would not believe your initial story if it was notarized.

212 days ago
41.

TT    

So her money mysteriously reappeared after her bankruptcy case settled? Man he money must have went traveling in Europe and etc offshore countries eh. Celebrity justice, she gets away from paying the huge sums she owes.

211 days ago
42.

Just Steve    

Girl settle down, what is she gonna do in that big ass house oil her skin?

211 days ago
43.

Denni    

I thought she was moving back to Atlanta! What happens when the show ends? She needs to pay cash for a house and just work to pay the taxes because her children are constantly uprooted!

211 days ago
44.

lastrebel    

This situation is a prime example of why average people HATE on celebrities. It isn't jealousy, it's the fact that the rules obviously don't apply to them. They are self entitled a$$holes and the system allows it.

211 days ago
45.

KicksandGiggles    

Even if her sister Tamar financed this house for her, ( I seriously doubt that because Tamar is selfish and vindictive at best) it would still be a slap in the face to everyone. Because if Toni got $$ for this house, then she could have gotten $$ to pay her prior bills. Not once, but TWO back to back bankruptcies - her unpaid mega health bills are then absorbed by the rest of us in what we pay for health insurance premiums. WTF would ANYONE excuse this woman????

211 days ago
Previous 15 Comments | 1 | 2 | 3 | 4 | 5 | Most Recent | Next 15 Comments

Around The Web