Toni Braxton Bankruptcy -- Bankrupt Again, May Owe $50 Mil
Toni BraxtonBankrupt AgainMay Owe $50 Mil
10/7/2010 10:45 AM PT
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.
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.