Toni Braxton -- Loses Song Rights In Bankruptcy Settlement
Toni BraxtonI Lost My SongsBy Going Belly Up
7/28/2013 1:00 PM PT
Toni Braxton may still have a song in her heart after filing for bankruptcy, but she just lost more than 2 dozen tunes that made her famous -- because some dude bought them right out from under her ... TMZ has learned.
TMZ broke the story ... Braxton struck a deal in her bankruptcy case, in which she settled with her various debtors. Part of the deal -- Toni could buy back 27 songs from her music catalog for $20K -- with one BIG string attached ... she could be outbid.
Enter a guy named Ross M. Klein, who doubled Toni's price and nabbed the tunes.