Tag Archives: foreclosure

Famous Financial Flubs: Toni Braxton Owes Up to $50 Million

Grammy-winning R&B singer Toni Braxton has filed for bankruptcy protection in Los Angeles in a last-ditch effort to pay off her debts, which she estimates to total between $10 million and $50 million. She claims medical bills to treat a heart condition are behind her drained bank account. However, this isn’t Braxton’s first time in [...]

More Celebrities in Financial Hot Water

The housing crisis just keeps going and going, and no one, not even celebrities or politicians, is immune: Nice house you got there, hate to see something bad happen to it: Victoria Gotti’s Westbury, NY mansion may soon be repossessed by her bank. Why? She apparently hasn’t been paying the $25,000 monthly mortgage, and still [...]