Today is not going to be a good day for original TLC member T-Boz with reports surfacing that the singer has filed for bankruptcy with a debt of $768,642.99 according to TMZ.
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.
{ 6 comments… read them below or add one }
this is sad…
Damn i make more money than T-boz.
If you make over $10k per month, then you earn more than 97% of all Americans, including myself.
I’m always ready & willing to learn new ways of making money. Would you consider sharing some of your knowledge with me on how you do it?
Start your own business.. preferably a business that recieves cash like a dance club promoter. I was taxed on $25k in income but saved over $100k last year. Working for somebody else is very hard to get rich. Paying taxes like all the other sheep is oppressive. I could probaly retire on a Caribean island right now and I am only 31 years old.
niceeeeeee Patrick this quote “Working for somebody else is very hard to get rich” thats in a book rich dad poor dad
T-Boz
Dog Nabbit!!! I Want You Feel Better As Always.