Octomom Files for Chapter 7 Bankruptcy

April 30, 2012 Hot Topics

Nadya "Octomom" Suleman just can’t keep up with her finances.

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The mother of 14 has filed for Chapter 7 bankruptcy protection, listing only $50,000 in assets against up to $1 million in debts, according to papers filed April 27.

"I have had to make some very difficult decisions the year and filing Chapter 7 was one of them," she told E! News. "But I have to do what is best for my children and I need a fresh start."

Suleman recently posed nude in UK magazine for $8,000, and she explained to Anderson Cooper, "I have to do what I have to do to take care of my family."

Filed Under: Top Stories, Trending Stories, Nadya Suleman, Hot Topics

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