Toni Braxton Loses Rights To Career Making Song After Bankruptcy Bid

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Well I just be damn!

It’s no secret that Toni Michelle Braxton has had her fair share of financial problems, but things seemed to be looking up for her with a summer tour and a duets album with Babyface.

Well unfortunately it seems that Braxton’s plan to buy back 2 dozens songs that she lost during a previous bankruptcy case has not gone in her favor.

According to TMZ:

TMZ broke the story … Braxton struck a deal in her bankruptcy case, in which she settled with her various debtors. Part of the deal — Toni could buy back 27 songs from her music catalog for $20K — with one BIG string attached … she could be outbid.

Enter a guy named Ross M. Klein, who doubled Toni’s price and nabbed the tunes.

Among the 27 are a few hits, including “You’re Making Me High,” “How Many Ways,” and “Always.”

“Un-Break My Heart” is not among the 27, and we don’t know its fate … although it looks like it’s still hers.

This is not good news at all, because when Toni performs her own songs she will have to pay this man royalties. Damn where is Vince and all his money when you need it!

Thoughts?

[SOURCE]

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