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T-Boz is not very good with money because bankruptcy has followed her again (remember back in the 90’s when TLC filed for bankruptcy despite having a ton of hit singles out)…I guess saved money will only get you so far!
T-Boz ain’t too proud to beg — just like TLC sang back in the 90s — because she’s filed for bankruptcy.
According to docs filed last month in U.S. Bankruptcy Court, T-Boz (real name Tionne Watkins) found herself owing creditors $768,642.99 — mostly from mortgages on her $1.2 million house.
The docs don’t paint a picture of exorbitant spending — she takes in $11,700/month in income, with monthly expenses totaling $8,821.
TLC had ten top ten singles, four number one singles, four multi-platinum albums, and four Grammy Awards … but according to the docs, T-Boz only pulls in $1,200/month in royalties.
T-Boz might have dodged the bankruptcy bullet if she’d been able to collect the child support she claims she’s owed — which according to the docs is $250,000.
Calls to her attorney were not returned.
Via TMZ
