Singer Toni Braxton has defaulted on her mortgage payments and the Bank of America is looking to foreclose on her home. Read more on Toni Braxton’s money problems below.

Toni Braxton has been dealing with health issues for several years and now it appears she is facing money problems too.

According to court documents, Toni Braxton has defaulted on her mortgage payments, owing $12,503.20 and Bank of America is looking at foreclosing on her place in Century City, Calif.

The news of Toni’s possible foreclosure comes after a lawsuit was filed against the singer by another financial institution, the City National Bank, who says Braxton owes $900,000 in loan payments.

Toni Braxton has been having money difficulties after scrapping her series of Las Vegas concerts back in 2008 when she was diagnosed with a heart problem. And Braxton is involved in a legal war with her insurance company after they refused to pay out on the shows she had to cancel.

Click thumbnails for larger pictures

Images: wenn.com

You might also like

PHOTOS: Toni Braxton Performs For Soundcheck ...

Did oni Braxton & Trey Songz’ Kiss End Her Marriage To Keri Lewis? (Photos) Did Toni Braxton and Trey Songz intimate kiss onstage break up her marriage? ...

Yes, That’s Brooke Hogan In Toni Braxton’s New Video Toni Braxton’s video for new single “Yesterday” premiered on The...

The Morning Mix: Cher And Christina Aguilera Pop Out At The Golden Globes Good morning! You’ve all been listening to the Glee soundtrack nonstop since...