Mary J. Blige has moved a step forward in her bid to clear her debts after bank bosses agreed to reduce the sum owed by her charity.
RELATED: Craziest diva hair
The singer, who has been hit with two large tax bills this year, allegedly defaulted on a loan given to her charity, the Foundation for the Advancement of Women Now.
RELATED: Trends of Grammys past
Executives at TD Bank sued over the loan, claiming the total owed came to around $322,000, but TMZ.com now reports a settlement has been agreed and the debt has been slashed to $125,000.
RELATED: National Anthem flubs
Blige was hit with a $3.4 million tax bill from the Internal Revenue Service back in May, while she was previously sued by another bank for allegedly defaulting on a $500,000 loan.