Last week Tamar Braxton spilled her own tea after finding out her massive tax liens, from years of unpaid taxes, were about to go public [click here if you missed that].
Apparently Tamar isn't the only person in her family with money problems...
From In Touch
Toni Braxton's sister Trina Braxton filed for bankruptcy and claimed she was struggling to keep up with her bills after Braxton Family Values went off the air, In Touch can exclusively reveal.
According to court documents obtained by In Touch, Trina, 49, filed for Chapter 13 on July 11, 2023.
In her petition, Trina listed her assets as her home in Braselton, Georgia, worth an estimated $1 million, a 2018 BMW X5 2WD worth $21,500 and a 2006 Regal with a value of $40,000.
Her other assets included $2,500 in household goods, two pairs of Christian Louboutin shoes (heavily worn) and four Gucci bags worth a total of $2,500.
In addition, she said she owned $12,500 worth of jewelry.
She said she had two checking accounts, one with $0 and another with a negative balance. She listed $7,000 she owned worth of stock in AT&T.
In the filing, said she earned $0 for 2021 and 2022. She said she earned $81,000 from liquidation of real estate in 2022.
She listed her businesses as Soltri Entertainment and Bar Chix, which she said closed in 2018. The total for her assets was listed as $1,136,630.
Trina's creditors were listed as $27,000 owed on the BMW, $600,000 to another creditor, $2,000 to the IRS and over $7,000 to the US Department of Education.
In the paperwork, Trina said she had been unemployed since April 2020. The last episode of Braxton Family Values, which Trina starred in with her family, aired in November 2020.
She said her partner pulled in around $9,000 per month. At the time, she told the court, “Ms. Braxton is in the process of contract negotiations with WeTV and expects to begin production within 90 days, which will coincide with an increase in income of approximately $20,000 per month.”
7 comments:
So NONE of them can handle money?....I'm sure the IRS have a special department just for The Braxtons....
She had money when she was married to Gabe… he never let her spend.
Bad money management isn't genetic. They're going broke because they're stupid and greedy. All of them should have learned from Toni but they just followed in her footsteps. She could sell the jewelry and pay off some of that debt but that's too much like right.
Chile she can sell off all those assets (over appraised) and still come up short.
She didn't know what she was doing with the restaurant. The son was trying to wait tables in-between styling his hair.
I think Tawanda filed also years ago when the show was running.
This was the Keekee to me. With all kinds of shade.
"two pairs of Christian Louboutin shoes (heavily worn)"
Is it me, or are ALL The Braxtons weird looking?! They all have "that" look!!
^ That Look. only the ones that had F..cked up plastic surgery.
Glamorous Life….
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