Entertainment : ‘Braxton Family Values’ Star Towanda Braxton Files for Bankruptcy, Only Has $150 in Bank

Enjoyment: ‘Braxton Family Members Worths’ Celebrity Towanda Braxton Data for Personal Bankruptcy, Just Has $150 in Financial Institution

” Braxton Household Worths” celebrity Towanda Braxton is sinking in the red and also has actually declared Phase 7 personal bankruptcy, claiming she just has $150 in her savings account and also owes sis Tamar Braxton $35,000

According to court papers acquired by The Blast, Towanda submitted her situation previously this month, detailing $277,650 in possessions however $547,05639 in responsibilities.

She states her regular monthly earnings is $4,692 however her regular monthly expenditures complete $6,020, leaving her in the red.

Her possessions consist of the brand-new Georgia house she purchased lately (worth concerning $275 k), $1,500 in house products, $1k in clothes and also just $150 in her bank account … with no in her cost savings.

Towanda’s financial debts consist of $417,715 to a home loan firm, $76 k to her previous property owner, $982 to Comcast, over a thousand to collection lawyers, $8,480 to Agreement Christian Academy, $6,21130 in clinical expenses, $35,000 to her sis Tamar (that offered her an individual lending) and also numerous other financial debts.

She noted herself as freelance at her T. Braxton Charm Firm.

The situation is continuous and also her financial obligation has yet to be wiped tidy.

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Photos : Sophie Turner for Self Assignment (April 2019)