Quote:
Originally posted by Abyss
I've got a serious question, how on Earth can Toni Braxton be bankrupt multiple times with the amount money she's made!? What a mess.
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First time she was bankrupt was when she never received a check for her record sales/other various things. There was something in her contract where everything they spent on her came out of her total earnings (dresses, hotels, food, etc.) - what they call the "slave contract". But she never over-spent on luxury things. And when she received her check (less than $2,000) she had to end up going bankrupt because she couldn't pay her bills.
Second time was when she had some illness - however, she did win her case and got all of her real earnings. She was performing and she collapsed on stage or something of that nature - she had to repay all of that and of course, she couldn't, so she went bankrupt.