1. Money Troubles

    Octomom Files for Bankruptcy

    In this photo provided by StarPix, Nadya Suleman, known as the Octomom, poses for a undated photo in New York to promote her appearance on MTV's 3rd season of "Silent Library" which airs July 6.  (AP Photo/Dave Allocca/StarPix)

    Dave Allocca / AP Photo

    Someone probably should have warned her that kids are expensive. Octomom Nadya Suleman has filed for Chapter 7 bankruptcy in a Santa Ana, Calif., court. Suleman may have debt as high as $1 million and assets of only up to $50,000. Those who file for this type of bankruptcy usually get a discharge from most of their debts. “I have had to make some very difficult decisions this year, and filing Chapter 7 was one of them,” Suleman said. “But I have to do what is best for my children, and I need a fresh start.”

    Read it at The Orange County Register