More Financial Woes for Toni Braxton; Possible Bankruptcy No. 3?

6:00 PM EDT
7/11/2011 by Sharde Monet

Just when we thought her financial battle was over (yeah right), it is possible that the Grammy Award winning songstress Toni Braxton will be a Grammy Award recipient  no more! I heard entertainers will give their right lung and, if really desperate, even sell their soul for one of those awards…figuratively speaking of course. (side eye)

Anyway, the singer will always be a “Grammy Award winner,” but  according to the Wall Street Journal, The National Academy of Recording Arts & Sciences Inc. recently filed a concerned response to the deal Braxton struck to ensure she gets to keep certain prized possessions such as her Grammy’s as well as her Tiffany jewelry and her 1995 Porsche 911. The organization that is responsible for handing out Grammy awards to musicians decided to speak up in Toni Braxton’s bankruptcy case out of concern that the R&B and pop singer’s six awards could one day be sold. Yes, she may have to bid farewell to all six of her Grammy’s, but truth be told, Ms. Braxton still owes money. In other words if she doesn’t pay up $125,000 to her creditors, her precious Grammy’s and everything else covered by her agreement are as good as gone. Sayonara!

I guess it’s safe to say that you know you got a problem when even the Grammy people come to your rescue…“out of concern.” Mhmm.  So will our girl Toni ever get it together or is she in that financial hole too deep? What are your thoughts?

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  • M_jg3

    You can this Journalism? (giving YOU the ‘Side Eye’ now)… show some compassion why don’t you. TB is having a bit of a hard time and all you have to offer is a sideline crack shot of mindless babel?!?! You need to turn in your Pen and Pad ——————–> FAILED!

    • http://www.twitter.com/SharRollingOut Sharde Monet

      Ha haa , A TRUE HATER WOULD say something like this and comment on my writing vs. the INFO PROVIDED in the article…
      smh @ lames talkin bout some——> “You need to turn in your Pen and Pad.” What turn my “pen and pad” over to you so YOU can re-write the story? lololol..NOT……NEWS FLASH this is Rolling Out DOT COM not the 1906 Throwback Tribune GENIUS. Besides Im like Jay-Z… no pen and pad necessary wit my word play…ask about me….#NEXT

  • honda

    WOOOOOW! somebody has a spending problem..living beyond the means and beyond what money you have coming in helping moms and sisterhood out, lavish living? sound like a keshia cole situation to me..  save your grammys TONI..CUT EM OFF!

  • honda

    WOOOOOW! somebody has a spending problem..living beyond the means and beyond what money you have coming in helping moms and sisterhood out, lavish living? sound like a keshia cole situation to me..  save your grammys TONI..CUT EM OFF!

  • Lizisababe628

    I think that people should get out of her business, why do people take pleasure in other people’s miss fortunes. Even though she’s a singer and a public figure she is still a human being. She is not above these things and I don’t get a kick or joy out of others suffering. To me that is not human.

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