SAY IT ISN'T SO! TONI BRAXTON, $50 MILL IN DEBT-- FILED FOR BANKRUPTCY, AGAIN...

TMZ is reporting that singer Toni Braxton has just filed for bankruptcy-- again. Word is, she may be as much as $50 million ($50 million!) in debt. In her bankruptcy filing, she claims she's worth anywhere between $1-$10 million after selling more than $40 million throughout her career, but if she owes as much as $50 million... well, you do the math! If you're like us, you're wondering, "What did she spend all of that money on?" Well, TMZ has provided a list of debtors that the 43-year old Braxton says she may owe: Pop the Trunk to find out...

-- AT&T
-- The Four Seasons Hotels
-- Cedars-Sinai Medical Center
-- Various medical bills
-- DirecTV
-- Neiman Marcus
-- The William Morris Agency
-- Tiffany & Co.
-- Orkin Pest Control
-- The Internal Revenue Service
-- BMW Financial Services
-- ADT Security
-- American Express
-- Flamingo Las Vegas
-- Mesa Air Conditioning
-- Nevada Power Company
-- Screen Actors Guild
-- The Westin
-- Wells Fargo Bank

Braxton also claims she may owe money to the City of L.A. Parking Violations Bureau -- and the DMV in both California and Nevada.

Geesh! Didn't she have a Vegas gig that paid her like $20 million? We wonder if said debt played any role in the breaking up of her marriage. They say money is the root of all evil, and is the #1 reason (behind infidelity) that marriages end up in divorce. Dannngggg. It's a cold cold world. Source