Tuesday, May 1, 2012

Nadya Suleman Files For Bankruptcy:

Written by
Naughty But Nice Rob
Octomom 'Excited' About Future
Nadya "Octomom" Suleman filed for Chapter 7 bankruptcy in federal court today, just one month after going on welfare. Although the move spotlights Suleman's desperate situation, she is surprisingly upbeat about the future.

"I'm staying strong," Suleman tells me. "This is something I had to do because I have made poor decisions. I have regrets but can't focus on them, I have to focus on moving forward. I have been dancing around all day with my kids. They have no idea about what is going on."

Suleman's bankruptcy filing may be the best decision she's made yet.

"She has a mountain of debt from refusing to ever accept any help and now has realized that it's okay to ask for some help," a friend of Suleman's tells me. "By filing for bankruptcy she will have a chance to start over and actually has some really great projects coming up very soon. She is actually excited."

Chapter 7 is the most serious form of bankruptcy, undertaken only by those in extreme circumstances.

Although legal documents don't reveal how much she owes, Suleman confessed it was her only option.

"This has taken me by surprise and I hate to ask for help but I have to," Suleman says. "Everything I do is for my kids. I'm not sure about what the future holds, but my children deserve a great life and I will do whatever I have to do to make that happen."

Suleman's decision will also ensure that any future money she earns will go directly to her children rather than her creditors. And what projects are on Nadya's horizon? Just three weeks ago she told me she was hoping to land a reality show.

SOURCE:

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