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CartMore Bankruptcy Drama for Toni Braxton
Thu, 01 Nov 2012 15:31:09
Singer Toni Braxton has been accused of transferring $53,490 to her estranged husband to avoid paying creditors in her bankruptcy case. Tsk, tsk, Toni.
Braxton's estranged husband Keri Lewis received the money after it had been allocated to repay creditors.
Braxton filed for bankruptcy in 2010, claiming she was between $10 million and $50 million in debt but only worth $1 million and $10 million at the time.
Her rep shot down this new drama, saying, "All of the payments made to Lewis prior to Toni's bankruptcy filing were appropriate transfers for reasonable and necessary personal and business expenses in the ordinary course of her business."
What. A. Mess.
What do you think of Braxton's ongoing money troubles?
—Maggie Pannacione
11.01.12
