I know, I know, it’s cheesy– but I couldn’t help it!
They say that fame isn’t everything. Unfortunately for Toni Braxton, this includes financial security. The once-famous star recently filed for bankruptcy, saying you cannot pay off the astronomical debt of $10mill-$50mill dollars she owes. The funny thing? She’s done this before!
Sadly, the singer is only worth $1mill-$10mill (oh the poverty!), and thinks she may owe up to $50mill to a laundry list of creditors:
— The Four Seasons Hotels
— Cedars-Sinai Medical Center
— Various medical bills
— Neiman Marcus (IF YOU KNOW YOU OWE MONEY WHY WOULD YOU SHOP HERE? WOULD GOING TO BANANA REPUBLIC, GAP, OR ANYWHERE ELSE KILL YOU?!)
— The William Morris Agency
— Tiffany & Co.
— Orkin Pest Control (How much debt can you accrue with pest control?!)
— The Internal Revenue Service
— BMW Financial Services
— ADT Security
— American Express
— Flamingo Las Vegas
— Mesa Air Conditioning
— Nevada Power Company
— Screen Actors Guild
— The Westin
— Wells Fargo Bank
— Los Angeles Parking Bureau (Ohhh someone has unpaid tickets!)
— BOTH the Nevada AND the California DMV!
Unfortunately, Braxton has a long history of financial problems: she filed for bankruptcy back in 1998, and earlier this year, the IRS filed a lien against her for $396k. I only hope she will learn from history and STOP BUYING SO MUCH UNECESSARY STUFF.
Or maybe people should realize that just because your a celebrity does NOT mean you can pay off your debt, and stop lending to the poor woman. It’s clear she just might have a shopping addiction.
The only benefit of all this is the wonderful song parodies that are coming out. Maybe she could record one to get some more money! My favorite so far starts:
Unbreak my bannnnkkkk – Say you won’t bill me agaaaaaaaaaain