After bankruptcy, Toni Braxton loses rights to 27 of her songs ~ Uchenna Udekwe Blog Get our toolbar!

30 Jul 2013

After bankruptcy, Toni Braxton loses rights to 27 of her songs

Well-known singer Toni Braxton lost the rights to many of her own songs.

The six-time Grammy Award winner just lost more than 2 dozen songs that made ​​her famous.


The actress learned the hard way that people cannot spend more than they earn. One has to be financially responsible or risk losing everything.

Braxton has filed for bankruptcy in which she lost many of her songs. The loss of her music comes as a bitter blow to the star after a number of financial disputes with her trustees.

The actress came to an agreement in her bankruptcy case where she settled with different debtors.
In the agreement, the rights to her songs were sold. The 45-year-old R&B singer was given the opportunity to buy back her 27 songs for $20,000, but she faced being outbid by other interested parties.

A man named Ross M. Klein doubled the offer and bought songs. Among the 27 songs that were sold are some well-known hit songs, including "You're Making Me High," "How Many Ways," and "Always." 

This is not the first time Braxton filed for bankruptcy, but this time she lost a lot of her personal songs.
After 12-years of marriage, she divorced from her husband Keri Lewis. 
The split was said to be amicable. Lewis is the father of her two sons, Diezel, 10, and Denim, 11. They share custody of the children.

Source: yourjewishnews.com

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