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'Octomom' bankruptcy case thrown out

by Administrator 16. May 2012 07:33

Nadya Suleman's bankruptcy case was thrown out by a judge yesterday.

Suleman, who is best known as the 'Octomom' for giving birth to octuplets in 2009, failed to file a dozen financial documents that show her inability to pay the $1 million she owes. This glaring irresponsibility has resulted in her Chapter 7 bankruptcy case being thrown out. 

Suleman, a single mother, has 14 children and owes money to over 20 creditors including a Christian school and her father. She is unemployed, but has made money by selling her family photos to tabloids.

If you are buried under a mountain of debt, a Chapter 7 bankruptcy lawyer from the Harmon Law Office, LLC, can help you file for bankruptcy in as little as three easy steps. Contact our experienced bankruptcy lawyers at 480-829-0494.

Consumer Debt Improving

by Administrator 14. February 2011 04:34

After a long and arduous recession, the likes of which hasn't been seen since the Great Depression, Americans are finally bouncing back. It has been reported that household debts in the U.S. have reduced by 1.3%. People originally focused on improving their financial situations by decreasing their spending, which hindered the economy's recovery. Now that consumers have stabilized their personal finances, there has been an increase in credit card accounts, which is a marker for increased demand.

Despite these improvement in the economy, the state of Arizona still shows debt and foreclosure rates that are, on average, higher than the rest of the nation's. Even so, the New York Fed's Consumer Credit Panel has found that the economy across the country is still improving.

If you are in debt and thinking about filing for bankruptcy, please contact the Arizona consumer bankruptcy attorneys of the Harmon Law Office, LLC by calling 480-829-0494.

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