Octomom Files for Bankruptcy
We all saw it coming -- Octomom has filed for bankruptcy ... TMZ has learned.
Nadya Suleman filed for Chapter 7 today in federal court -- a month after going on welfare -- meaning she's hopelessly buried in a mountain of debt.
Chapter 7 is the most serious form of bankruptcy -- it's basically when you go belly up -- something Octo is well-familiar with.
The legal docs we obtained do not specify her creditors or how much she owes -- but it's pretty clear ... she's dead broke.
by tayanddylApril 30, 2012 at 4:29 PM
by aneelaApril 30, 2012 at 4:30 PM
Octomom Now On Welfare
Octomom is doing what she swore she would never do -- go on welfare ... TMZ has learned.
The mother of 14 is getting $2,000 a month from the State of California. The money is deposited directly into a special debit card account (see above). The card can ONLY be used for food -- and it's closely monitored by the State to make sure the cardholder isn't making illegal purchases -- i.e., buying a bike at Costco.
It's a cruel twist, for a woman who vowed in 2010 -- a year after giving birth to octuplets -- she would NEVER go on welfare, saying she refused to become "a self-fulfilling prophecy" by accepting government assistance.
Octo qualified for the card because her income is less than $119,000 a year ... and a family of 15 that makes less than that amount is entitled to welfare benefits.
In case you're wondering, the $119,000 figure is based on an average of just under $8,000 for each member of the household. The more kids, the more you can make and still receive welfare.
We’re told the cash-strapped mom has taken her children out of private school, except for her one son who has autism, saving her $4,000 a month. And as we first reported, she's even posing topless to make ends meet. But it just wasn't enough.
It's a sad story, but one we saw coming from a mile away.
by Rushn311April 30, 2012 at 4:57 PM
Not a shock!
April 30, 2012 at 5:12 PM