Octomom's Feelings About Bankruptcy: 'Excited'

Octomom's Feelings About Bankruptcy: 'Excited' There are certainly worse attitudes one could harbor toward going broke. This just might be the most unexpected one.

E! Online reports that Nadya "Octomom" Suleman has bottomed out: the fertile tabloid fascination has embraced bankruptcy.

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

The 36-year-old (as her unofficial moniker implies) mother of eight (plus six more) filed the Los Angeles Superior Court papers Monday. She claims an inability to meet her bills' obligations, around $1 million in liabilities, $50,000 in assets and debt estimated around $500,000. Her mixed bag of creditors presently include owner of her La Hambra home Amir Haddadin, Orkin Pest Control, Kaiser Permanete, the California Department of Motor Vehicles, Sparkletts Bottled Water, Verizon Wireless, DirecTV and Sylvan Learning Center.

"This is something I had to do because I have made poor decisions," Suleman told The Huffington Post's Naughty But Nice Rob. "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.

"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 reportedly told HuffPo. "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."

 
 
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