Posted: Apr 30, 2012 4:55 PM by Associated Press (CM)
SANTA ANA, Calif. (AP) - "Octomom" Nadya Suleman is filing for bankruptcy, telling a federal court she has as much as $1 million in debt.
The Orange County Register reports (http://bit.ly/IDaiOh) that Suleman wants a fresh start and says filing for bankruptcy is what's best for her children.
The La Habra mother of 14 has reports up to $50,000 in assets in federal court filings.
Suleman will file Chapter 7 bankruptcy, which means a court-appointed trustee would liquidate her assets to pay off creditors before she is discharged from most of her debts.
Among others, Suleman owes money to her father, the city's water department, DirecTV and Whittier Christian School, where at least some of her children are students.
Suleman also owes more than $30,000 in rent payments on her four-bedroom house.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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