Toni Braxton Files for Bankruptcy ... Again

Toni Braxton is making a comeback in bankruptcy court. The songstress just filed for bankruptcy for the second time since 1998.

Posted:
 
tonibraxtontonypassig
Tony Passig/Getty Images

Toni Braxton has filed for bankruptcy and reportedly has unpaid debts in the U.S. ranging from $10 million to $50 million. According to the Chapter 7 documents she filed in California, Braxton is currently worth between $1 million and $10 million. If all of this debt sounds crazy, get this: She first filed for bankruptcy in 1998, and earlier this year the IRS filed a tax lien against her for nearly $400,000. Can somebody help Braxton out so that she can, uh, breathe again? Too soon?

Read more at CBS News.

Comments
The Root encourages respectful debate and dialogue in our commenting community. To improve the commenting experience for all our readers we will be experimenting with some new formats over the next few weeks. During this transition period the comments section will be unavailable to users.

We apologize for any inconvenience and appreciate your continued support of The Root.

While we are experimenting, please feel free to leave feedback below about your past experiences commenting at The Root.