May 18, 2013

Report: T-Boz Has Filed for Bankruptcy

   

*TMZ is reporting that singer Tionne Watkins, a.k.a. T-Boz of TLC, has filed for bankruptcy.

According to docs filed last month in U.S. Bankruptcy Court, T-Boz owes creditors $768,642.99 — mostly from mortgages on her $1.2 million house, the website reports.

The documents also show she takes in $11,700 per month in income, with monthly expenses totaling $8,821.

Although TLC had ten top ten singles, four number one singles, four multi-platinum albums and four Grammy Awards, T-Boz only earns $1,200/month in royalties, according to TMZ.




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Comments

  1. She needs to get a real job like the rest of us and stop living beyond her means.

    • redbone1954 says:

      How do we know she is living beyond her means? She has at least 2 well know medical conditions and possibly no medical insurance and she also has a child. So I don’t know her problems and neither do you! So lighten up do YOU know if she can work???? Maybe she can’t she has sickle cell and she had a brain tumor OK

      • The first thing I’d do is get rid of the million dollar mortgage and let my monthly royalty payments take care of my rent.

      • @redbone1954 That bytch needs to get a job like the rest of us. Many people have sickle cell and whatnot and still work. She ain’t special!

  2. I’m so sick of these celebrities living beyond their needs & waiting till the last minute to fix their situation. If you know your having issues paying the mortgage or whatever else that may be- downsize , re-do your finances & getting a 2nd job wouldn’t hurt!

    • and I’m so sick of people like you not knowing the facts and shooting off at the mouth. Like Redbone said, you don’t know her situation. T-Boz hasn’t been in the news about her lavish spending. If you can’t help the situation then SHUT UP!!!

  3. LMAO at khanman!

  4. NO! Like I said…

  5. timmdogg_00 says:

    I don’t know her situation at hand – but “common sense” would dictate if you are having a problem with paying your bills you need to downsize your quality of life…period! If she’s receiving $1200.00 a month in royalties (especially in Atlanta) there’s several places (good neighborhoods) she can reside until her finances are resolved! I am just saying here – she needs to dump the big mansion, sell a few mink coats and get rid of the Louis Vuitton assessories and re-align her lifestyle! Good luck Crazy, Sexy and Ms.Cool (T-Boz)!!!

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