Octomom Foreclosure: No Bids for Nadya Suleman's House, Goes to Bank
The "Octomom's" house is going into foreclosure, after Nadya Suleman's Southern California property failed to get any bids at auction.
Suleman, the single mother of 14 children, moved into the four-bedroom, three-bath house in the Los Angeles suburb of La Habra in 2009, shortly after she famously gave birth to octuplets, the Associated Press reports.
Suleman didn't qualify for a bank loan to pay for the house, so her father had to chip in. But even with her dad's help, she still failed to keep up with payments.
In the Octomom's foreclosure, Nadya Suleman still owes more than $475,000 on her house, the AP reports. With just $50,000 in assets and another half-million dollars in debts, it's part of the reason Suleman filed for bankruptcy in April.
But Suleman's bankruptcy case was tossed, after she failed to complete the required paperwork, the Los Angeles Times reports.
After a house auction Tuesday failed to attract a single bidder, the Octomom's home has been returned to the bank for foreclosure, according to the Times. The bank can now begin eviction proceedings.
In general, there are two main types of foreclosure: Courts can get involved in a foreclosure by judicial sale, or the lender can pursue foreclosure by power of sale, though the latter is not available in every state.
Because the foreclosure process can get complicated, you may want to download FindLaw's free Guide to Surviving a Foreclosure for an overview of the process, or contact a foreclosure attorney for advice about your specific situation.
Related Resources:
- 'Octomom' Nadya Suleman's Home Heads to Foreclosure (ABC News)
- Browse Foreclosure & Alternatives Lawyers by Location (FindLaw)
- Octomom Gets Death Threats Over Her Welfare Benefits: Report (FindLaw's Celebrity Justice)
- 'Octomom' Investigated by Social Workers After $520 Haircut: Report (FindLaw's Celebrity Justice)