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Octomom Nadya Suleman Files for Chapter 7 Bankruptcy

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Nadya Suleman poses at the Female Pillow Fighting Press Conference at Warehouse 24 on February 15, 2012 in Woodlyn, Pennsylvania. 

It's time to pay the piper.

Octomom Nadya Suleman filed for Chapter 7 bankruptcy in federal court Monday, E! News confirms. The 36-year-old single mom defended her decision, saying: "I have had to make some very difficult decisions this year and filing Chapter 7 was one of them. But I have to do what is best for my children and I need a fresh start."

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Per court documents, Suleman is no longer able to pay her bills, has less than $50,000 in assets and owes between $500,000 and $1 million in liabilities. Suleman's creditors include Orkin Pest Control, Verizon Wireless, DirecTV, Sylvan Learning Center, Sparkletts Bottled Water, Indy Mac Mortgage, Kaiser Permanente and the DMV.

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Suleman — whose 14 children were conceived via in-vitro fertilization — recently stripped down in Closer magazine for $8,000. Though she once vowed to never do porn to pay the bills, Suleman has since changed her mind.

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"If the opportunity comes up I'll be the first to admit: I'm gonna eat my words!" Suleman recently said on HLN's Showbiz Tonight. "Because all that matters is that I can take care of my family."

Suleman first made headlines in January 2009 when she gave birth to octuplets Noah, Maliyah, Isaiah, Nariyah, Jonah, Josiah, Jeremiah and Makai.

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