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NORCROSS, GA, April 16, 2013 /24-7PressRelease/ -- The Orlando bankruptcy law firm, Clark & Washington, would like to discuss the recent bankruptcy filing of Nadya Suleman, better known by her mainstream media nickname "Octomom." Suleman was propelled into fame after being the first woman to deliver eight children simultaneously; her status led to the development of a reality television show that chronicled the life of the mother of 14 children in total. Despite her rise to fame, the show was short-lived and Suleman found herself taking other measures to earn income, which included posing nude for a magazine. According to the Orlando bankruptcy attorneys, the wealth Octomom earned could not keep her from falling into financial straits. The bankruptcy attorneys in Orlando note that celebrities often file Chapter 7 bankruptcy often due to acquiring debts they cannot afford to pay in the long-term. In Suleman's case, this meant not having a steady source of income to pay mounting debts that were accrued during her time in the spotlight.
The Orlando Bankruptcy Firm States the Filing was Unsuccessful
The bankruptcy lawyers in Orlando mention that Suleman's filing was thrown out by the courts due to her failure to provide the required financial records. She was given a deadline, but failed to meet this by not responding. Ultimately, Octomom listed her total debts at $1 million with only $50,000 in assets. The list of creditors in the documentation that was delivered to the court included utility companies and her father.
Clark & Washington have helped many clients file for Chapter 7 and 11 bankruptcy in Orlando. If you have found yourself in financial straits, contact them at http://www.orlando-bankruptcy-help.com.
About Clark & Washington:
Established in 1983, Clark & Washington is now one of the leading bankruptcy filers in the Southeast. They have locations in Georgia, Florida and Tennessee. Clark & Washington specializes in personal chapter seven and 13 bankruptcy. They offer honest, helpful legal advice to those experiencing financial hardships.
For more information, visit http://www.orlandobankruptcyhelp.com.
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