Poor Thang! Toni Braxton Made It Rain Right Into The Poor House

- By Bossip Staff Categories: Cry Me A River, Happy Birthday, Ho Sit Down

toni braxton at the miami dolphins game 10/4

What happened Toni? We thought you were making it rain so hard on them hoes that ‘money woes couldn’t hold you down!’

Apparently Toni Braxton also had herself convinced the checks were still coming in like they used to. TMZ reports that while she’s still worth somewhere between $1 and $10 million, she’s been living so far out of her means that she is filing for bankruptcy.

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

Braxton also claims she may owe money to the City of L.A. Parking Violations Bureau — and the DMV in both California and Nevada.

Time to take those Louboutins back to Neiman!

Well at least this time she’s going broke with style, versus just filing bankruptcy to duck the IRS like last time.

Now, how do you celebrate your birthday the day after you file for Bankruptcy? We hope you have a better day today than you did yesterday… even though, somehow we think you really might not be fazed by all of this?

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Comments

  • Bunny(formerly Angel/UrHeiness)

    If anything I feel sorry for the kids because they’re now suffering the consequences of their mother’s poor choices.
    It’s bad enough to do this while single but once you have a family/kids that rely on you,it’s even worse.

    • AQueenWaits

      See that’s all wrong! Her man wouldn’t work or couldn’t get work…..So just don’t blame the mama! Everyday…she’s hustlin….hustlin.

  • baybaybay

    Hmmm two things puzzle me one is she has been working in Vegas so she is getting paid well so what the hell happened, second isn’t she married? Does her husband have an income? Toni lives like the filthy rich I think she still has money but don’t want it all taken by paying her creditors alot of people do that.

    • ImaPC

      she left her husband after she made out onstage with Trey Songz at some award shoe.

      She & Halle just seem so…open. Family is always more important than career, no one ever dies wishing they spent more time at the office (or on the stage)…those things are not really important in the long run.

  • smh

    Um is this the SECOND TIME????

  • deelucious

    Thats unfortunate. I don’t even know how this can happen to someone who was as successful as Toni. Don’t celebs have like…a financial team behind them to advise and inform them about whats going on in their careers financially? Surely Toni had accountants and lawyers and her manager to prevent this kind of thing from happening? Maybe they weren’t doing their jobs properly. Come on Toni drop an album. Rally up some celeb friends to help you out or something damn.

    • deelucious

      “Phone bill cost about 2 G’s flat no need to worry my accountant handles that”

    • Maureen

      The sad thing is that she DID release an album back in May, but there’s hardly been any promotion for it. She just needs a better of team of people behind her. Come on Miss Toni, fight for what you deserve!😉

    • maru-chan

      Phone bill cost 2G’s a month?? Sheeeeeit, I hope thats not one of her lyrics, mami needs a tracfone for real if thats the case! Or that metroPCS/cricket ish! Keep it month to month baybee! lol

  • http://logicvigilante.files.wordpress.com/2009/04/kanyewestentourage1.jpg Slide Like a Fresh Pair of Gators

    Maybe her sister stole her identity again and incurred most of those debts???

  • http://www.showmestate.com 5'10" AKILLAH RICHARDS (A SPADE IS A SPADE)

    SHE’S STILLL GOOOORGEOUS… THIS IS WHAT HAPPENS WHEN YOU MARRY THESE AVERAGE TO BELOW AVERAGE INCOME DUDES, LADIES. DONT WIFE THEM!!!! DAMN HER FINE AZZ COULD HAVE HAD 3 “BALLERS” AT ONE TIME. SMH. STILL BEAUTIFUL. CALL MICHAEL JORDAN, I HEAR HE’S SINGLE. LOL

    • ImJustSayin

      Her EXhusband has nothing to do with it. There are plenty of single women(like myself) out there that are independent and can do without having someone help her.
      Toni is just DUMB. If something like this happeneds more than ONE time. It’s NO longer a mistake,it’s STUPIDITY!

  • http://www.showmestate.com 5'10" AKILLAH RICHARDS (A SPADE IS A SPADE)

    That’s the baddest 43 yr old I ever seen. SHE SHOULD HAVE MARRIED DIDDY. AKILLAH’S MODEL MANAGEMENT OPEN FOR BUSINESS.

  • TeLl iT liKe It Tis

    wut happen to that mint condition bread her hubby wuz makin?

  • Me

    Chick just aint money smart!

  • http://www.showmestate.com 5'10" AKILLAH RICHARDS (A SPADE IS A SPADE)

    DIDDY, GO PAY TONI’S BILLS!!! WHAT THE HELL IS WRONG WITH YOU PEOPLE?!??!!!

  • aaliyah

    its nt her that’s a rumor it really her sister Tamar braxton do y’all research

  • Caramel Cat™

    ummm, this is the 2nd time she’s filed for bankruptcy in her career! Good grief woman! She can’t seem to get right when it comes to money matters…smh…

  • 100milesperhour

    Oh and nice try Toni, but I’d like to see the IRS excuse you from your debt with them! They’ll take the sweater off your back before they forgive any debts. Especially when you were earning a healthy income @ some point without claiming it to them.

  • http://TLBaby I gets down like that

    Yeah gotta admit, in spite of all her financial woes Toni is still looking dayum good. And I think she’s one of the few celebrities that hasn’t had any work done what so ever. One of the best bodies in the game. And best voices too. What’s up Toni? Sang summin gal and put it on wax, I’ll buy it.

    @ Eat the Cake AnnaMae; I don’t know if you’re male or female, but your screen name had me dying laughing!! In my Chris Tucker’s voice…I Was Rolling!!!! Dang now I wanna see What’s Love Got To Do With It.

    • Me

      Sorry Sweetie, aint no such thing like “she aint had work done” in Hollyweird – as for Toni B. it was her Breast and Nose, prolly Botox too. She still cute though….

    • Caramel Cat™

      …she had her boobs and nose done…

    • Here's Johnny

      It’s customary for black women in hollywood to get their negro noses shaved down.

    • Delight23

      right the “various medical bills” did not include nary one plastic surgery. 🙄

  • asfe

    Who cares!!! My boyfriend thinks the same with me. He- is 10 years older than me, lol. We met online at an age gap dating site A ge Mi ngl e . C’ 0- M—a nice and free place for Younger- Women and Older Men, or Older Women and Younger Men, to interact with each other. Maybe you wanna check out or- tell your friends

  • SoulSista

    and her broke azz was spotted shopping at Gucci the other day. Get your priorities straight. Black people spend so much money trying to LOOK like they got money that they end up broke, makes no damn sense.

    • Bunny(formerly Angel/UrHeiness)

      So true in many cases

  • JAyonce

    Poor Toni! She did that to herself. She doesn’t have to continue to be in the lime light. It’s only a matter of time before she ends up on reality TV trying to get some cash.

  • I_saw_this_one_coming

    *** she’s ***

  • understandingoverignorance

    WOW….She is like all those ordinary niccas owing AT&T and a cable television company.

    Live with in your means fronting don’t pay bills

  • Phonie Braxton

    got dammit, they cut off the cable, and the IRS took the VCRra

  • I wasn't gone say nuttin, but

    She lives next door to me, I’ve lived in the poor house for the last 40 years, howdy neighbor.

  • http://www.showmestate.com 5'10" AKILLAH RICHARDS (A SPADE IS A SPADE)

    Ill buy it too Toni. 40 million sold, do it again. A COMPLETE DIME. GIRL CALL MICHAEL JORDAN, I HEARD HE’S ALWAYS HAD A CRUSH ON YOU. LOL

  • http://logicvigilante.files.wordpress.com/2009/04/kanyewestentourage1.jpg Slide Like a Fresh Pair of Gators

    B.M.F.,…

    Blowing Money Fast…

    Apparently she didn’t learn anything after the first time she filed for bankruptcy, SMMFH…

  • tiny

    Toni has a new album. It came out in May it’s called Pulse. Go buy it, help her get out of debt(again). She must not listen to her accountant, or she hires the worst people. umm oh well I have my own bills to worry about.

    • Delight23

      😆 see you wrong for that. How RU going to tell me to go buy her album, and help her out, while you go mindfully manage you bills? nuh uh. 🙂

    • DISGUSTED

      screw that i have my own bills to pay. why should i help her?

  • lt

    not again toni, smh.

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