Octomom Files for Bankruptcy
Posted on May 13, 2012 10:20am PDT
Octomom Nadya Suleman has reportedly filed for Chapter 7 bankruptcy. According to reports, she filed for
bankruptcy about a month after going on welfare due to having too much debt as she has 14 children. Chapter 7 bankruptcy will allow her to liquidate any assets in order to pay off some debt. It is unknown at this time how much debt she has or what her assets add up to.
It’s never easy to find yourself in the position of needing to file for bankruptcy no matter where you are in life. However, it’s important to understand that filing for bankruptcy does not have to be the end, but can be a chance at a new beginning. You need to know that you do have rights to protect during this difficult time, but can do so when you know how to handle your case. You will be able to recover from this difficult part of your life.
By working with a bankruptcy lawyer, you will be able to resolve this matter in the most beneficial and timely manner. You can count on an attorney to know how to approach your specific situation and be able to guide you through it. A lawyer will always have your best interest in mind while fighting for your rights. Please take some time today to contact a bankruptcy attorney today to begin discussing the details of your case.