According to TMZ.com, the singer has filed for bankruptcy this week, which is the second time in 12 years.
Braxton, who filed the paperwork in California, reportedly claimed her worth is between $1 million and $10 million, but she has allegedly up to $50 million in debt.
She lists nearly two dozen creditors whom she may owe money to, including AT&T, Tiffany & Co., Neiman Marcus, Flamingo Las Vegas and Cedars-Sinai Medical, according to TMZ.
Braxton, who turns 43 today, has had a number of health problems in recent years – she has suffered from heart disease and had a benign tumor removed from her breast in 2008.
The one-time Las Vegas headliner may also have unpaid debts to DMVs in Nevada and California.
Braxton filed for bankruptcy for the first time in 1998, and was hit by the IRS with a $396,000 tax lien earlier this year.
GV Says: Saying you're not good with money is no longer an excuse. You need to learn!! SMH... Why not get a real job like the rest of us. Not cool to be famous and broke.
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