Toni Braxton & Other Celebs That Went Bankrupt!

In celebrities' everyday life, they have to live it through the spotlight, through the good and bad. Of course when it comes to the good things celebrities embellish the attention it to the fullest, which sometimes leads the bad moments.

No one wants to show off the bad times in their life, but unfortunately celebrities don't have a choice on what the media decides to cover of their life.

One occurrence that tend to make headlines is when celebrities file for bankruptcy. There are different types of bankruptcy so of course they aren't always totally broke when they file for it, but that is the first thing people thing of when they hear it.

Recently singer Toni Braxton filed for bankruptcy, for a second time. The first time was back in 1998 when Toni Braxton had three failed business causing her a $5 million loss. This time around Toni Braxton is saying she could owe up to $50 million in debts owed.

We hope she can get out of this!

But Toni isn't the only celebrity with money troubles click to the next page to check out more celebs that have filed for bankruptcy in the past.