Monday, October 29, 2012

Tony Braxton's bankruptcy case

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R&B singer Tony Braxton's bankruptcy case is being eyed for wrong-doing. Allegedly, the bankrupt "More than a Woman" singer is being fingered for giving her estranged husband thousands of dollars to hide from creditors. Should her husband "Just Be a Man About It" and say what's really going on?

TMZ, which broke the original story of the singer's money woes in 2010, followed up on a new development with Tony in her financial mess in its October 29 report.
View slideshow: Toni Braxton photos at various events

"Tony Braxton bankrupt" headlines are shocking, considering this is the second time in four years the singer filed for protection from the courts.

The "Un-Break My Heart" singer filed bankruptcy in 2008 after racking up millions of dollars in debt. The new filing in 2010 was done to address the burdens of medical bills from her health problems. Tony suffers from an auto-immune disease that her brother has and her uncle passed away from.
Recording artist Toni Braxton performs during The Paley Center for Media's Annual Los Angeles Benefit at The Rooftop Of The Lot on October 22, 2012 in West Hollywood, California.
Recording artist Toni Braxton performs during The Paley Center for Media's Annual Los Angeles Benefit at The Rooftop Of The Lot on October 22, 2012 in West Hollywood, California.


Braxton allegedly gave her estranged husband, Keri Lewis, $53,490 after the money was earmarked for creditors during the court proceedings.

However, her rep said the money was legally transferred to Lewis for business matters and they have the paperwork to prove it.

Now a judge will have to iron out the mess. However, it seems odd that a measly odd amount of money would do much, especially when she owes millions in debts.

After the Tony Braxton bankruptcy matter is over, perhaps she can finally "Breathe Again."

R&B singer Tony Braxton's bankruptcy case is being eyed for wrong-doing. Allegedly, the bankrupt "More than a Woman" singer is being fingered for giving her estranged husband thousands of dollars to hide from creditors. Should her husband "Just Be a Man About It" and say what's really going on?

TMZ, which broke the original story of the singer's money woes in 2010, followed up on a new development with Tony in her financial mess in its October 29 report.
View slideshow: Toni Braxton photos at various events

"Tony Braxton bankrupt" headlines are shocking, considering this is the second time in four years the singer filed for protection from the courts.

The "Un-Break My Heart" singer filed bankruptcy in 2008 after racking up millions of dollars in debt. The new filing in 2010 was done to address the burdens of medical bills from her health problems. Tony suffers from an auto-immune disease that her brother has and her uncle passed away from.
Recording artist Toni Braxton performs during The Paley Center for Media's Annual Los Angeles Benefit at The Rooftop Of The Lot on October 22, 2012 in West Hollywood, California.
Recording artist Toni Braxton performs during The Paley Center for Media's Annual Los Angeles Benefit at The Rooftop Of The Lot on October 22, 2012 in West Hollywood, California.
Photo credit:
(Photo by Frederick M. Brown/Getty Images)
Toni Braxton talks about her new reality show, Braxton Family Values, and shares some of her bankruptcy story.
Video: Toni Braxton Shares Bankruptcy Woes

Braxton allegedly gave her estranged husband, Keri Lewis, $53,490 after the money was earmarked for creditors during the court proceedings.

However, her rep said the money was legally transferred to Lewis for business matters and they have the paperwork to prove it.

Now a judge will have to iron out the mess. However, it seems odd that a measly odd amount of money would do much, especially when she owes millions in debts.

After the Tony Braxton bankruptcy matter is over, perhaps she can finally "Breathe Again."

toni braxton hot

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