May 25, 2013

Toni Braxton Completes Court-Ordered Debt Management Course

   

*Toni Braxton has taken another step in getting her financial house in order by completing a court-ordered course on money management.

The singer, currently appearing with her sisters and mom in the We TV series “Braxton Family Values,” filed for bankruptcy for a second time last year amid allegations her debts ballooned to between $10 million and $50 million.

She was ordered to take a course about money matters as part of her case — and she passed the class on April 15th, according to TMZ.

Braxton’s certificate, obtained by TMZ.com, reveals she completed an “internet instruction course concerning personal financial management.”

The singer-turned-reality star, who previously filed for bankruptcy in 1998, has blamed her cash flow issues on the cancellation of a series of Las Vegas shows, which were scrapped due to her heart problems.




Articles You May Like

If you have an EURweb account please click here to Login

Comments

  1. queeniebunz says:

    How do you get into “$10-$50 million in debt”??? How do you do that? She deserves to be poor if she didn’t learn from it the first time. Once – okay. I get that. You didn’t know the business but to do it again? You deserve to be peeking in the window of a soup kitchen cuz they won’t let your stupid azz in!

    • LOL

    • Chrystal says:

      “…peeking in the window of a soup kitchen cuz they won’t let your stupid azz in!” That’s Funny

    • Chrystal says:

      I’m SMDH at her for doing this yet again, apparently she did not listen to one word Oprah told her when her butt went bankrupt the first time. Watch your money! Handle your business! Take Responsibility!
      Some people can’t even afford to buy a decent car to get back and forth to work at a job paying them well-below what they’re skills command, and here she is wasting millions. It’s not cute & it’s not funny, it’s stupid!

  2. brooklynbabe says:

    How many times has Trump and his businesses filed for bankruptcy? Some people never learn.

    I heard years ago that it’s easier to get rich if you had previously been rich. People who’ve had have more of an incentive to regain wealth than the rest of have to actually gain some.

    Plus, I thought that the goal of bankruptcy now is not to clear you of the obligation to repay the debt but, to restructure it to make the terms more favorable to you so that it’s possible for you repay it?

    • queeniebunz says:

      And you solidify my point as to why I think Trump as president is a colossal joke. But aside from that, I still think it’s crazy for one person to rack up that kind of debt 10-50 MILLION??? WTF is she buying that has her owing anywhere near 50 MILLION DOLLARS???? I mean, come on.

      Donald Trump is basically gambling on real estate and as you have said – he keeps losing. He wins but as with any kind of gambling, he’s gonna lose big sometimes, too. And, as you said – it’s his BUSINESSES filing, not himself personally. He does it on behalf of his investors as well as himself. All that money ain’t from him. Now don’t get me wrong. I’m not defending Trump Trump the Clown. I’m just saying that hers is a spending problem and not about investing/business deals. She’s got 2 kids – one with autism and she has a major health issue. She should be ashamed of herself being so irresponsible.

Leave a Reply