One of the world's icon singer with golden voice, Whitney Houston, reportedly is undergoing bankruptcy. The 48 years old singer is out of the whole property and need financial assistance from Arista recording label, which already gave her payment for the next album.

The information conveyed by a source to the media. "Property Whitney has been exhausted. Industrial music recording label support her and give her money for the next album, but no one know when it will launch ... She might be homeless if not for those who helped. She is very broke," one unnamed source said.

Whitney Houston's financial condition believed in critical condition. The singer who is supposed to be wealthy, even should contact her friend to borrow money. "She called someone to borrow U.S. $ 100. It is sad. She should have money like Mariah Carey and she was broke," added the informant.

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