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Thread started 12/11/08 11:55am

banks

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T-Boz Latest Victim of Dreaded F-Close

T-Boz -- she's the T in TLC -- is about to lose a Georgia house after failing to pony up her mortgage payments.

We've learned a five-bedroom, nearly 10,000-sq. ft. house owned by T-Boz (real name: Tionne Watkins-Rolison) is about to go on the auction block in January 2009. According to public records, she's defaulted on the original principal of her mortgage (around $530K), and so now the state is taking it.

T-Boz wasn't immediately available for comment.

http://www.tmz.com/2008/1...d-f-close/
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Reply #1 posted 12/11/08 11:59am

JackieBlue

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Damn.
Been gone for a minute, now I'm back with the jump off
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Reply #2 posted 12/11/08 12:03pm

banks

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JackieBlue said:

Damn.



Shit is bad when these people can't even keep their homes
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Reply #3 posted 12/11/08 12:30pm

ScarletScandal

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Her and Fantasia better move in with Fiddy:

He got room for urrrrbody, they momma, and some mo' shit.
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Reply #4 posted 12/11/08 12:35pm

asg

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This happens when ppl with zero financial skills become rich
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Reply #5 posted 12/11/08 12:36pm

Graycap23

This economy is no joke.....no one is immune.
Very sad state of affairs.
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Reply #6 posted 12/11/08 2:35pm

missfee

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ScarletScandal said:

Her and Fantasia better move in with Fiddy:

He got room for urrrrbody, they momma, and some mo' shit.

DAMN THATS A WHOLE NEIGHBORHOOD!!!
I will forever love and miss you...my sweet Prince.
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Reply #7 posted 12/11/08 3:05pm

asg

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missfee said:

ScarletScandal said:

Her and Fantasia better move in with Fiddy:

He got room for urrrrbody, they momma, and some mo' shit.

DAMN THATS A WHOLE NEIGHBORHOOD!!!



is that tysons old house?
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Reply #8 posted 12/11/08 6:03pm

KidaDynamite

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asg said:

missfee said:


DAMN THATS A WHOLE NEIGHBORHOOD!!!



is that tysons old house?

Yerp! nod
surviving on the thought of loving you, it's just like the water
I ain't felt this way in years...
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Reply #9 posted 12/12/08 4:09am

LondonStyle

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ScarletScandal said:

Her and Fantasia better move in with Fiddy:

He got room for urrrrbody, they momma, and some mo' shit.


Wow..thats massive.. eek
Da, Da, Da....Emancipation....Free..don't think I ain't..! London 21 Nights...Clap your hands...you know the rest..
James Brown & Michael Jackson RIP, your music still lives with us!
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Reply #10 posted 12/12/08 5:45am

RipHer2Shreds

asg said:

This happens when ppl with zero financial skills become rich

Pretty much. You would think the previous bankruptcy filing would make one weary of living beyond their means.
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Reply #11 posted 12/12/08 7:03am

SoulAlive

I feel bad for the TLC girls.It seems like they don't have many ways to make money these days.
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Reply #12 posted 12/12/08 7:11am

JackieBlue

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I don't know about Chili but TBoz did have Chase's Closet. http://www.chasescloset.com/ For some reason I thought it was a children's furniture store but it looks like Tshirt shop.
Been gone for a minute, now I'm back with the jump off
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Reply #13 posted 12/12/08 8:44am

poeticrockstar

My heart goes out to T-Boz. I don't think they (TLC) ever rebounded after that financial fiasco they had with LaFace back in the 90s. However, considering how fickle the music business is, why would she go out and cop a half-million dollar home? TLC hasn't had a major hit record in almost a decade and I know they weren't getting royalties like THAT!
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Reply #14 posted 12/12/08 9:13am

SCNDLS

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poeticrockstar said:

My heart goes out to T-Boz. I don't think they (TLC) ever rebounded after that financial fiasco they had with LaFace back in the 90s. However, considering how fickle the music business is, why would she go out and cop a half-million dollar home? TLC hasn't had a major hit record in almost a decade and I know they weren't getting royalties like THAT!

Only the mortgage remaining is $500k the house was a few million and is valued at more than $2 mil.
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Reply #15 posted 12/12/08 9:47am

Graycap23

SCNDLS said:

poeticrockstar said:

My heart goes out to T-Boz. I don't think they (TLC) ever rebounded after that financial fiasco they had with LaFace back in the 90s. However, considering how fickle the music business is, why would she go out and cop a half-million dollar home? TLC hasn't had a major hit record in almost a decade and I know they weren't getting royalties like THAT!

Only the mortgage remaining is $500k the house was a few million and is valued at more than $2 mil.

What part of town does she reside in?
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Reply #16 posted 12/12/08 9:51am

banks

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Damn... I wished LA Reid would have stepped up and help her considering how much money they dicked these girls out of... confused
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Reply #17 posted 12/12/08 11:32am

SoulAlive

banks said:

Damn... I wished LA Reid would have stepped up and help her considering how much money they dicked these girls out of... confused


That's what I'm saying! Considering how much money these girls made for HIM and his LaFace Records label,you'd think he would do the decent thing and help her out.
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Reply #18 posted 12/12/08 11:46am

SCNDLS

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Graycap23 said:

SCNDLS said:


Only the mortgage remaining is $500k the house was a few million and is valued at more than $2 mil.

What part of town does she reside in?

I don't even know, but I that's what I heard. shrug
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Reply #19 posted 12/12/08 12:44pm

JackieBlue

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I know they don't consider themselves technically borken up but I wonder if they downsized after the last album. That song Chili had for her upcoming solo release was pretty poor and doubt the reality show would be much better.
Been gone for a minute, now I'm back with the jump off
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Reply #20 posted 12/13/08 12:09pm

angel345

SoulAlive said:

banks said:

Damn... I wished LA Reid would have stepped up and help her considering how much money they dicked these girls out of... confused


That's what I'm saying! Considering how much money these girls made for HIM and his LaFace Records label,you'd think he would do the decent thing and help her out.

Sure, they'll help out alright, under one condition. You're not getting something for nothing these days.
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Reply #21 posted 12/13/08 12:17pm

Flowers2

angel345 said:

SoulAlive said:



That's what I'm saying! Considering how much money these girls made for HIM and his LaFace Records label,you'd think he would do the decent thing and help her out.

Sure, they'll help out alright, under one condition. You're not getting something for nothing these days.



arrow
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Reply #22 posted 12/13/08 12:40pm

angel345

Flowers2 said:

angel345 said:


Sure, they'll help out alright, under one condition. You're not getting something for nothing these days.



arrow

Didn't mean no harm, but nowadays people are looking for what you can do for them, instead of what they can do for you.
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Reply #23 posted 12/13/08 12:45pm

Flowers2

angel345 said:

Flowers2 said:




arrow

Didn't mean no harm, but nowadays people are looking for what you can do for them, instead of what they can do for you.


nod it's true what you said, I'm agree'ing with you..
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Reply #24 posted 12/13/08 1:17pm

SUPRMAN

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angel345 said:

SoulAlive said:



That's what I'm saying! Considering how much money these girls made for HIM and his LaFace Records label,you'd think he would do the decent thing and help her out.

Sure, they'll help out alright, under one condition. You're not getting something for nothing these days.



Business and charity have different definitions for a reason . . . just saying.
I don't want you to think like me. I just want you to think.
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Reply #25 posted 12/13/08 1:36pm

angel345

SUPRMAN said:

angel345 said:


Sure, they'll help out alright, under one condition. You're not getting something for nothing these days.



Business and charity have different definitions for a reason . . . just saying.

They've got jerked the day they signed their contract. Signed their lives away. Where was their lawyers. The music business is very cut-throat.
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Reply #26 posted 12/13/08 1:43pm

Flowers2

angel345 said:

SUPRMAN said:




Business and charity have different definitions for a reason . . . just saying.

They've got jerked the day they signed their contract. Signed their lives away. Where was their lawyers. The music business is very cut-throat.


vultures nod
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Reply #27 posted 12/13/08 1:45pm

Harlepolis

I don't feel bad for her, nor Clef nor Tasia.

If you won't get your money right esp when you're aware of the current state of economic depression,,,,,you bet your ass Uncle Sam will.
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Reply #28 posted 12/13/08 1:57pm

Christopher

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MAMA NOOOOO!
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Reply #29 posted 12/13/08 6:09pm

KidaDynamite

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Christopher said:

MAMA NOOOOO!

falloff
surviving on the thought of loving you, it's just like the water
I ain't felt this way in years...
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