Singing superstar Toni Braxton is still feeling the repercussions of filing for bankruptcy for a second time. In a new bankruptcy deal, Toni Braxton…

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via: cnn.com NEW YORK (CNNMoney) — Eastman Kodak, the once mighty icon of the photography industry, filed for Chapter 11 bankruptcy protection Thursday. Kodak’s (EK, Fortune 500) stock plunged 35% at the start of trading. The New York Stock Exchange suspended trading within a few minutes after the opening bell. Read More

NEW YORK (CNNMoney) — American Airlines, one of the few major U.S. airlines to avoid bankruptcy, finally succumbed Tuesday and filed for chapter 11. Corporate parent AMR also filed, and said that American, American Eagle and all other subsidiaries will honor all tickets and reservations and operate normal flight schedules during the bankruptcy filing process, using […]

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During a press conference for her upcoming show “Braxton Family Values” Toni Braxton shed light on her reported health and financial issues.  Late last year Braxton revealed that she was coping with a life-threatening illness.  She also filed for bankruptcy twice. “When I filed for bankruptcy, I was like ‘I can’t do it, I don’t […]

R&B singer Toni Braxton’s financial woes continue to spiral – the singer has filed for bankruptcy again. TMZ is reporting that the “Un-break My Heart” singer has filed papers in California, claiming she owes between $10 million and $50 million in unpaid debts. Braxton also claims she may owe money to the City of L.A. […]

A Bravo “Housewife” owes creditors nearly $11 million in various debts, and the star blames her fame for why she’s still bankrupt. “If she wasn’t on the show, this all would be much easier,” a friend says. “Everything would be settled by now, but because she is now famous everyone is using the situation to […]

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Back in December The Detroit News reported 53-year-old comedian/actor Sinbad was having trouble with his finances and owed more than $8.15 million in delinquent federal taxes.