According to docs filed last month in U.S. Bankruptcy Court, T-Boz found herself owing creditors $768,642.99 -- mostly from mortgages on her $1.2 million house.
The docs don't paint a picture of exorbitant spending -- she takes in $11,700/month in income, with monthly expenses totaling $8,821.
TLC had ten top ten singles, four number one singles, four multi-platinum albums, and four Grammy Awards ... but according to the docs, T-Boz only pulls in $1,200/month in royalties.
T-Boz might have dodged the bankruptcy bullet if she'd been able to collect the child support she claims she's owed -- which according to the docs is $250,000.
Don't worry T-Boz, if Toni Braxton can file for bankruptcy (twice) and still manage to live in that gorgeous mansion in LA, then we know you can bounce back too.
No comments:
Post a Comment