According to a report in TMZ citing "the group's rep", the trio will be reuniting for a U.S. concert tour later this year - with a digital image of Left Eye and recordings of her vocals.
Coming just days after a digital recreation of the late Tupac Shakur was projected onstage during Dr. Dre's story appearance at the Coachella festival, Billboard reports that surviving members Tionne "T-Boz" Watkins and Rozonda "Chilli" Thomas "are currently in the planning stages of a 2012 reunion tour in the U.S.
Watkins, an Atlanta, Georgia resident, filed for bankruptcy twice last year after defaulting on mortgages on her Atlanta home and failing to keep up with medical bill and car payments.
The documents, filed on October 31, 2011 in U.S. Bankruptcy Court reveal that Watkins owes creditors $768,642.99 on the home, and has assets that total $1,716,508.
Watkins' financial troubles began in June 1995, when she originally filed for Chapter 11 bankruptcy with TLC.
During an episode of VH1's "Behind the Music," the trio discussed the incident in detail, explaining that a poor recording contract with LaFace Records through their manager Perri "Pebbles" Reid's Pebbitone shingle caused them to slip into the financial red.
Even after severing ties with label head Reid, the trio was forced into bankruptcy after selling 10 million records on account of amounting expenses and debt to their record label.