R&B star Toni Braxton files for bankruptcy

AMERICAN R&B singer Toni Braxton has filed for bankruptcy claiming she owes between $10 million and $50 million in unpaid debts all over the US.

Braxton, who has sold more than 40 million albums in her career, just filed for bankruptcy in California. In the documents, the singer claims she is only worth somewhere between $1 million and $10 million, but she could have up to $50 million in debts, reports TMZ.
The singer, 43, lists several creditors she thinks she may owe money including AT&T, The Four Seasons Hotels, Cedars-Sinai Medical Centre and Tiffany & Co.
Braxton also claims she may owe money to the City of L.A. Parking Violations Bureau and the DMV in both California and Nevada.
The six-time Grammy Award winner also filed for bankruptcy back in 1998 and saw the IRS file a lien against her for $396,000 earlier this year.


Read more: http://www.news.com.au/entertainment/music/rb-star-toni-braxton-files-for-bankruptcy/story-e6frfn09-1225935774515