Octomom Files Bankruptcy

octomom picture

The drama has not finished with Nadya Suleman, Octomom. This mother of 14 just filed for bankruptcy claiming she has over a $1 million in debt. Suleman said she made some difficult decisions this year and filing Chapter 7 is one of them.

In court filings, she reports up to $50,000 in assets. This means she owes more than 20 times her net worth. She owes money to her father, DirecTV, the water department and Whittier Christian School. On her four-bedroom home, she owes over $30,000 in rent.

The owner of the home said his own credit was damaged by letting the home go into foreclosure. The auction was scheduled April 30, 2012 but it has been postponed for a week now.

The unemployed mother has been living off government help with food stamps and Social Security disability payments. Recently, we know Octomom posed nude for rent. Maybe she’ll start looking for a steady job now, or not.


One Response to “Octomom Files Bankruptcy”

  1. Olivia on May 18th, 2012 12:50 pm

    This is scandalous, I mean if you know you don’t have the money and income to support a family why do you make one, and I mean it is not only one child, they are way too many, how did she think she could handle them without money?

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