The holder of mortgage debt on Grammy-winning singer Toni Braxton’s home won bankruptcy court approval to launch foreclosure proceedings against the Georgia property. As of Nov. 23, US Bank said Braxton owed the full $1.5 million on her mortgage, while the property itself been appraised at $1.2 million. Read More:



![Is Tyler Perry Gay? Ex-Friend Outs Him, Then Gets Jumped [VIDEO + POLL]](http://ronemyhoustonmajic.files.wordpress.com/2012/04/tylerperryview.jpg?w=144)


![Live After 5 R&B Edition Recap [WATCH]](http://ronemyhoustonmajic.files.wordpress.com/2013/05/screen-shot-2013-05-20-at-1-44-34-pm.png?w=157)

