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'Braxton Family Values' Star’s Reality Show Paychecks Could Be Seized in Bankruptcy

Submitted by ckanon@abi.org on
"Braxton Family Values" star Towanda Braxton’s reality show paychecks may be seized to pay back her creditors as part of her ongoing bankruptcy, The Blast reported. According to court documents, the trustee presiding over Braxton’s chapter 7 bankruptcy has revealed that he is investigating “possible royalties from a reality show.” The docs note the trustee wants to find out if Braxton is entitled to collect any residual checks for the six seasons of the WE tv show. Braxton did not list any residuals from the reality show on her petition, which may be why the trustee wants to investigate whether she receives any. The trustee has now added the contract for “Braxton Family Values” as one of Braxton’s assets, and he will inform the court of his findings once he finishes investigating the possible royalties. Braxton filed for chapter 7 last month, listing $277,650 in assets but $547,056.39 in liabilities. She says her monthly income is $4,692 but expenses per month total $6,020.