Financial Troubles Archives

Omarion In Debt To IRS Upwards Of $110K

Singer Omarion is the latest celebrity to feel the wrath of Uncle Sam, reportedly owing the IRS upwards of $110,000 in unpaid taxes. According to The Detroit News, the 25-year-old singer (real name: Omari Ismael Grandberry) owes $110,585 in unpaid taxes dating back to 2003. In May, the IRS filed a $35,210 lien in Orange County against Omarion...

Toni Braxton Files For Bankruptcy … Again

Toni Braxton is having some financial problems. It's so bad, she's reportedly filed for bankruptcy, claiming she up to $50 million in debt. According to TMZ, the 43-year-old recently filed for Chapter 7 bankruptcy in California, claiming she's only worth up to maybe $10 million, but could have up to $50 million in debts. Some of the various creditors she owes money to include AT&T, The Four Seasons Hotels, Cedars-Sinai Medical Center, DirecTV, Neiman Marcus, Tiffany & Co...
Former G-Unit member Young Buck has been in the news a lot in August. At the beginning of the month, he made headlines when his Tennessee home was raided by the IRS who seized a bunch of his assets, and now, the latest is that he's filed bankruptcy. The rapper (real name: David Darnell Brown) filed Chapter 13 bankruptcy two days after the surprise morning raid by the IRS...
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