Toni Braxton is off the hook for a mountain of debt after trustees finish liquidating her assets and move to settle her second bankruptcy filing...
According to The Jasmine Brand Toni Braxton is in the final stages of settling her 2010 bankruptcy filing after trustees sold off her 1995 Porsche, household items, jewelry, artwork, the domain for tonibraxton.com and music royalties from some of her biggest hits.
In exchange Toni no longer owes $16 million to her former record label and Tiffany and Co., Neiman Marcus, Wells Fargo, Gwinnett County, GA and her former lawyers can all eat it.
This is Toni Braxton's second bankruptcy filing [click here if you missed that].
