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Author: Subject: TONI BRAXTON FACES FORECLOSURE!
MrAkeet
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thumbdown.gif posted on 10/14/2009 at 08:25 PM
TONI BRAXTON FACES FORECLOSURE!


Hello everyone,

got this via another site...




TMZ has reported that The Grammy-winning singer — who declared bankruptcy in the 1990s — owes more than $12,500 on her mansion in Century City, California and officials at the Bank of America are now looking to foreclose on the property.

As you may recall, Braxton has been struggling with her finances ever since she was forced to scrap a series of Las Vegas concerts in 2008 after being diagnosed with heart disease.

The news comes just a week after it was revealed that the “Unbreak My Heart” crooner is facing a lawsuit from the City National Bank (CNB), who claim Toni owes them $900,000 in loan payments.


Didn't a while back this sister was on Broadway?? To many stars live above their means...



Just Me,
MrAkeet
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MrAkeet
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10/14/2009 at 08:26 PM
bookworm
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[*] posted on 11/12/2009 at 02:01 AM


Not so much living beyond their means but not being smart with their money. They buy things they don't need and don't think beyond what they want.
When people are making the kind of money she was making, they need to be smart enough to handle their money and not just squander it away, spending it on crap they don't need and not saving a dime of it.
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MrAkeet
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[*] posted on 11/12/2009 at 02:06 AM


Yeah and to top it off, she about to divorce her hubby... :(
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