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Toni Braxton Files For Bankruptcy, Owes $50 Million

Published on October 7, 2010

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R&B singer Toni Braxton’s financial woes continue to spiral – the singer has filed for bankruptcy again.

TMZ is reporting that the “Un-break My Heart” singer has filed papers in California, claiming she owes between $10 million and $50 million in unpaid debts.

Braxton also claims she may owe money to the City of L.A. Parking Violations Bureau — and the DMV in both California and Nevada. The singer has a history of financial problems — she filed for bankruptcy back in 1998 … and earlier this year, the IRS filed a lien against her for $396k.

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