Wednesday, May 09, 2012
"Octomom" Declares Bankruptcy
Nadya Suleman, known as the "Octomom," declared bankruptcy
last week, according to the Associated
Press. Apparently, court documents reveal Suleman's assets total about
$50,000, and her debt is about $1 million.
The Octomom became famous back in 2009 when she gave birth
to octuplets, via in-vitro fertilization. Soon after, it was discovered Suleman
already had six other children, also from in-vitro fertilization. Since then,
Octomom has faced scrutiny and ridicule for being the single mother of so many children
and being on welfare. Reportedly, the Octomom's debtors include her parents, a
gardener, baby sitters and a water company.
Making the decision to file for bankruptcy is difficult. For
some people burdened by debt, bankruptcy is an effective, smart solution. For
others, bankruptcy may not be appropriate. Bankruptcy is best thought of as a
last resort to resolve debt. If you have determined the time is right for you
to file bankruptcy, an experienced bankruptcy attorney
can simplify the process and represent your interests.
To learn more about bankruptcy, please contact an
experienced lawyer in your area.
posted by Tess @ 1:25 PM
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