"Octomom" Nadya Suleman has filed for bankruptcy, saying in a court filing that she has as much as $1 million in debt.
Ms. Suleman wants a fresh start and said in a statement that filing for bankruptcy Monday is what's best for her children, according to the Orange County Register in California.
"I have had to make some very difficult decisions this year, and filing Chapter 7 was one of them," Ms. Suleman said.
The La Habra, Calif., mother of 14 reports up to $50,000 in assets in federal court filings, which means she owes more than 20 times her net worth.
Ms. Suleman is filing Chapter 7 bankruptcy, which means a court-appointed trustee will liquidate her assets to pay off creditors before she is discharged from most of her debts.
Among those to whom Ms. Suleman owes money are her father, the city's water department, DirecTV and Whittier Christian School, where at least some of her children are students. Ms. Suleman also owes more than $30,000 in rent payments on her four-bedroom house.
Ms. Suleman was in dire financial straits before the January 2009 birth of her octuplets brought her notoriety.
Since the birth, she has cut deals with media outlets and posed in tabloid photo spreads to get by. She also touted a book and exercise videos that never materialized. She earned $5,000 for promoting spaying and neutering for an animal rights group and was paid to take a beating in celebrity boxing matches.
Last month, semi-nude photos of Ms. Suleman ran alongside a paid interview in a British publication. She defended the photo spread in tabloids by saying she wasn't ashamed of it.
All of Ms. Suleman's children were conceived through in vitro fertility treatments. Her octuplets are the world's longest-surviving set.
Comedian Louis C.K. named Webbys 'person of the year'
When Louis C.K. released his comedy special "Live at the Beacon Theater" by himself on his website for $5, it was little more than a cautiously optimistic experiment.
Less than two weeks later, it had reaped more than $1 million. Already among the most respected stand-ups in the country, Louis C.K. was suddenly a media trailblazer, too.
On Tuesday, the Webby Awards announced Louis C.K. as "person of the year" for setting "a new precedent for distribution." Comedians Aziz Ansari and Jim Gaffigan have since released albums online.
Winners of the 16th annual awards celebrating Internet achievement were announced Tuesday. The International Academy of Digital Arts and Sciences, which presents the awards, shared the winners with the Associated Press shortly before it was to make an official announcement.
The awards spanned the breadth of the Internet, including mobile apps such as Instagram and Pinterest that have disrupted social media, and entertainers charting new digital ground such as Louis C.K. and Bjork.
Bjork was named artist of the year. Last year, the Icelandic musician released the album "Biophilia" as a multimedia presentation of music and apps.
She was among the special recognitions named by the Webbys, which also cited the photo app Instagram as breakout of the year. It recently was acquired by Facebook for $1 billion.
In each of more than 130 regular categories, Webbys go to two winners: an official Webby award and a "people's voice" pick chosen from online votes.
Actor Will Ferrell, who co-founded the comedy website Funny Or Die, won best individual performance for a video in which he reprised his impression of former President George W. Bush, reacting to Osama bin Laden's death.
The Onion won for best humor website and its video arm, the Onion Network, earned best writing in an online video for its satirical morning TV show video.
The pinboard-style website Pinterest won for best social media app, as well as a people's voice award for best functioning visual design. Best music app went to the streaming service Spotify.
One new category, people's special achievement for social change, went to Facebook. The award, which was voted for online, honors "important Internet work that played an integral role in advancing and organizing the masses."
The awards will be presented in a May 21 event at the Hammerstein Ballroom in New York. Patton Oswalt will host the awards, whose winners are famously restricted to five-word acceptance speeches.
Duran Duran to headline London Olympics concert
A concert to mark the start of the 2012 London Olympics will have a retro feel, with 1980s heartthrobs Duran Duran among the headliners.
Organizers said Tuesday that the band, which had hits three decades ago with songs including "Rio" and "The Reflex," will represent England at the July 27 concert in London's Hyde Park, which features acts from each of the four parts of the United Kingdom.
Lead singer Simon Le Bon said the show would be "one of the highlights of the last decade for us."
The other headliners are Snow Patrol from Northern Ireland, Stereophonics from Wales and Scotland's Paolo Nutini.
Jessica Simpson, fiance welcome their daughter
Jessica Simpson is a new mom.
She gave birth to a daughter named Maxwell Drew Johnson in Los Angeles on Tuesday, said publicist Lauren Auslander.
Maxwell weighed 9 pounds, 13 ounces.
It's the first child for 31-year-old Miss Simpson and her 32-year-old fiance, Eric Johnson, a former NFL player.
"We are so grateful for all of the love, support and prayers we have received," Miss Simpson said in a statement on her website. "This has been the greatest experience of our lives!"
• Compiled from Web and wire reports