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Toni Braxton files for bankruptcy again

2010-10-08 08:41:31

Thu Oct 7, 2:26 pm ET

LOS ANGELES (Reuters) Grammy-winning singer Toni Braxton, whose string of

hits in the 1990s included "Another Sad Love Song" and "Breathe Again," has

filed for bankruptcy for a second time in her career.

In court papers, Braxton lists assets from $1 million to $10 million, and debts

ranging from $10 million to $50 million. She filed for Chapter 7 bankruptcy

late last week, meaning she does not have the ability to pay existing debts.

Braxton, 42, began singing with her sisters in the 1980s and a solo career

shortly thereafter, climbing record charts with her self-titled "Toni Braxton"

in 1993, which sold over 8 million copies.

She earned Grammys for best new artist and best R&B female vocal in 1994, and

followed that up with another Grammy win in 1995. Her second album in 1996,

"Secrets," was equally successful as the first, and she added two more Grammys

to her stash of awards.

But in 1998, she broke with her music company and filed her first bankruptcy,

in what was the first of several career and personal setbacks. Still, she

continued to perform and even shifted gears to singing and acting on stage and

in films.

In 2008, while working in Las Vegas, Braxton was hospitalized for chest pains,

and she later revealed -- when a contestant on TV's "Dancing With the Stars" --

she suffered from a vascular disease. Later that same year, Braxton underwent

surgery to have a benign tumor removed from her breast.

(Reporting by Bob Tourtellotte; Editing by Jill Serjeant)

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Posted: 2010771@705.21

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Posted: 2010771@705.38

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