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.
We hope that it all works out for her.