
Whitney Houston owed more than 4 million dollars in debt, but had merely 29,000 dollars in bank accounts, according to the income and expense declaration issued to the court during her 2007 divorce to Bobby Brown.
The Grammy award winning singer stated in her documents she had 40,000 dollars in cash, 225,000 dollars in stocks and earned in excess of 1 million dollars for performances.
Her real estate assets included one property in New Jersey which was worth 6.5 million dollars but she owed 3.247 million on that estate, RadarOnline reported.
She also owned a townhouse in Atlanta, Georgia, which is where daughter and sole heir, Bobbi Kristina is now living. It was worth 1.244 dollars, but she owed 1,046,603 dollars on the property.
Her real estate assets included one property in New Jersey which was worth 6.5 million dollars but she owed 3.247 million on that estate, RadarOnline reported.
She also owned a townhouse in Atlanta, Georgia, which is where daughter and sole heir, Bobbi Kristina is now living. It was worth 1.244 dollars, but she owed 1,046,603 dollars on the property.