R&B Singer Could Owe $50 Mil In Debt 12:00PM ET October 7th, 2010 Contributor : Hip Hop Blog Staff A Rocky Williform Company
R&B diva Toni Braxton was one of the biggest recording artists of the 1990s, so when she filed for bankruptcy in 1998 at the height of her career, it shocked the general public. Well, in keeping with the retro spirit of the times, the star has filed bankruptcy yet again.
According to bankruptcy court documents filed in California, Braxton claims she's worth somewhere between $1 mil and $10 mill, but she could currently owe as much as $50 million in debt. She claims to owe money to entities as varied as Neiman Marcus department stores, the William Morris Agency, Cedar-Sinai Medical Center, and Orkin Pest Control--as well as many others.
The IRS also filed a lien against her for $396k earlier this year.
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