Bank of America will soon shut the doors of the home of singer and former Dancing With The Stars contestant, Toni Braxton. According to bank records, she has defaulted on her mortgage payments totaling over $12,000. The property is located in Century City, California. But unfortunately BofA is not the only bank Braxton owes. City National Bank claimed that she owed over $600,000 in unpaid monies and interest on a 2007 promissary note she received for $900,000.

Braxton better get to singing and dancing quick. But most importantly, get financial management help. Hopefully her new album, Pulse, will sell enough copies to help get her out of this debt.

In the meantime, peep the remix to her new single Yesterday below which features Trey Songz.

[youtube=http://www.youtube.com/watch?v=sls2Fj9EK7A&hl=]

(Pic Source)