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Toni Braxton Facing Foreclosure

Jan 31, 2011 | 3:18 PM    Written By:
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Toni Braxton Facing Foreclosure

Suze Orman, if you’re reading this, we might need you down in ATL for an intervention real quick...






The Wall Street Journal reports that the Grammy-winning singer may be on the verge of losing her Duluth, Georgia residence. While the property is reportedly valued at $1.2 million, Braxton allegedly owes $1.5 million on her mortgage.

The holder of Braxton’s mortgage debt won bankruptcy court approval to begin foreclosure proceedings. WSJ says Braxton told the court she’d like to say in the home.

Welcome to heartbreak.

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