Quote: Originally Posted by Gandolph13
So what happened to Octomum?
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.
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.
Octomom may be declaring bankruptcy, but she's still very much the master of her own domain.
Octo has signed on to do a masturbation video ... TMZ has learned. She's hooked up with an online adult entertainment company and will shoot the video this summer. It will be released shortly thereafter -- not a lot of post production, we're told.
As for how much she'll make, it's hush hush, except we're told, "It's a lot more than the $10,000 she made for posing topless."
You'll recall Octo once vowed never to do porn, but she's saying she doesn't consider a masturbation video porn, because it's a solo mission.
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