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  1. 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
  2. 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.

  3. 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.

  4. 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.

    • Wendy Mead
  5. Nov 29, 2012 · Toni Braxton, the R&B star who topped the charts with iconic hits like "Un-Break My Heart," opens up to ABC News' "20/20" on what drove her into bankruptcy, twice, and how she's determined to make a comeback.

  6. Mar 1, 2021 · In 2010, Toni was bankrupt for a second time because she had self-financed her Vegas shows through her company Liberty Entertainment, but since health reasons prevented her from getting back on stage, all of the costs had to come out of her pocket.

  7. 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...