Toni Braxton (Photo: Ist) LOS ANGELES - Toni Braxton reportedly went bankrupt. His sleep was not quiet because every day billed debt collectors.
Financial difficulties the first time the singer was struck in October 2010. He borrowed money amounting to USD10 million and USD50 million. Debt is still outstanding after Toni cancel a series of tours of Las Vegas because of heart problems.
Toni suffered increased due to efforts to deal with creditors failed because he did not want to reveal himself through severe financial crisis. Thus was launched Femalefirst, Tuesday (04/12/2011).
However, Unbreak My Heart singer was to convince her fans that she is now back on his feet, despite having to pay some debts. Black singer assured fans that he is back up and now only owe for USD500 thousand.
"What happened is a business bankruptcy. But because I personally guaranteed it, I should report it to the bank's bankruptcy. People affected by bankruptcy need protection, "he said. (Ang)
