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Jul 14, 2021 · Despite her success in selling 15 million copies of her second album, Secrets, Toni shocked fans when she filed a Chapter 7 bankruptcy in 1998! While one bankruptcy is difficult enough, Toni Braxton went bankrupt not once, but twice.
- Michael Ibrahim
Nov 29, 2012 · So what happened that drove the singer and reality TV star from the highest of highs to bankruptcy? Twice. It turns out Toni Braxton is the poster child of Hollywood's wild rollercoaster – flying high, falling down then bouncing back.
Feb 2, 2023 · She revealed that she declared bankruptcy due to recording contract issues that amounted to her receiving less than $2,000 in royalties and, as a result, having to reimburse her record label...
Oct 8, 2010 · Grammy-award-winning singer Toni Braxton has filed for bankruptcy for the second time, her lawyer has said. The 43-year-old has revealed she is in millions of dollars worth of debt after a...
Oct 4, 2022 · The singer declared publicly that she was flat broke and owed her creditors tens of millions of dollars. First Bankruptcy. While the label was still floating on top of the world, celebrating Braxton’s dodge of the sophomore jinx, the pint-size powerhouse’s life was crashing to new lows.
Sep 30, 2021 · Braxton sued in 1997 to get out of what she thought was an unfair deal with LaFace Records, and the label countersued her. She filed her first bankruptcy claim the following year. As AllMusic pointed out, being in bankruptcy offered Braxton some legal protection during her battle with LaFace.
Oct 4, 2019 · After selling over 15 million copies of her second album in 1996, fans were confused when she filed for bankruptcy, claiming she had an astounding $50,000,000 in debt. Luckily, she recovered from...
