Milestones Feb. 16, 1998

BANKRUPTCY FILED. TONI BRAXTON, 30, slinky rhythm-and-blues vocal superstar whose two albums have sold more than 15 million copies; in Atlanta. Claiming debts of more than $1 million, Braxton says she is "effectively insolvent." Last December she sued LaFace Records, to be freed from a contract she considers unlucrative.

CHARGED. DANIEL BALDWIN, 37, actor; with criminal possession of a controlled substance and drug paraphernalia; in New York City. The second eldest of the four acting Baldwin brothers was arrested, dazed and bleeding, after what police said was a cocaine-induced rampage. Baldwin has appeared in TV's Homicide and the film Mulholland Falls.

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