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Octomom -- Accused of Hiding Tons of Cash

10/7/2010 4:00 PM PDT BY TMZ STAFF

The guy who owns Octomom's house claims the mother of 14 has plenty of cash lying around to pay off her debt ... but for some reason, she's purposely "hiding the money" from him.

Octomom money.
Amer Haddadin -- who's given Nadya Suleman until Saturday to pay up -- just showed up to Octo's  lawyer's office in L.A. to collect some of the scratch ... but was turned away after being told the lawyer was "busy" and "had no money today."

Haddadin is ticked -- telling TMZ his credit is taking a hit for Octo's shortcomings ... and that he's ready to "sue all of them."

245 COMMENTS

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46.

dd    

I'm sorry to say this but I would never rent a home to a single woman with 14 kids and no job.

1287 days ago
47.

Spiffy    

I certainly hope CPS is keeping a close eye on her. Nadya says she's down to one nanny. Does this mean that only 2 adults at one time are watching/caring for 14 children? If so, this is a recipe for disaster!

1287 days ago
48.

NRE    

your 15 minutes is almost over..better call gloria allred.

1287 days ago
49.

Snow White    

I'm sorry to say this but I would never rent a home to a single woman with 14 kids and no job.

Posted at 1:41 PM on Oct 7, 2010 by dd
-----------------------------------------------------------------

He didn't. He sold the house to Octo's father, Ed Doud. Ed then transferred the title to Octo and Bounced-Czech's company, Harmony Enterprises.

1287 days ago
50.

ginny    

why did bald man give her the house,


what a jerk??

1287 days ago
51.

SSinOC    

The reason he hasn't foreclosed is he's waiting for the balloon payment to kick in which isn't until Saturday. That's why he says he's waiting until Monday. That way he can sue for the balloon amount and everything else. He'll start the foreclosure process then too. The place will be over en***bered(too much owing on it) so when it goes to sale no one will buy it and he gets it back. He seems like a decent guy and wants his money. Part of his plan was to loan with the huge balloon payment so she'd have to pay it off with whatever money he thought she'd be making. This guy will be out some money for trying to sell to this dead beat. There's no bank involved as he's the bank so the credit story is BS. She'll try to milk staying there for as long as she can.

1287 days ago
52.

jb    

This guy deserves to lose money. The Octomom had no steady job when he gave her the mortgage. Why is such a surprise that she now can't pay. If you make a bad loan, do not expect repayment.

Now go back to your gas station; you family misses you.

1287 days ago
53.

Sar    

That's his own fault though, he never should of trusted the woman in the first place. That place isn't even worth the amount it was ever sold for anyways.

1287 days ago
54.

PicklesLaRue    

There are laws that protect families with children from being tossed out.
Posted at 1:13 PM on Oct 7, 2010 by Tammy LM
----

No there aren't. But, if you're going to insist that there are, please direct us to the citations for the laws you're talking about.

1287 days ago
55.

PicklesLaRue    

stop putting his personal business transaction that when down between him and Nadya out there.

Posted at 1:18 PM on Oct 7, 2010 by Kimba10
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Why shouldn't he put it out there? It's his business to choose to do with the info as he sees fit.
Posted at 1:37 PM on Oct 7, 2010 by Bruno

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Right. In addition to that, SHE'S the one who went public with it and put her business on the street in her interview with Radar Online, Not Haddadin. This guy has every right to address her public bull**** with a public response.

1287 days ago
56.

Boze    

That she`s messing with his credit is not BS. He counted on these grifters to hold up their end of the contract. They didn`t. They decided to stop paying and just squat in his house. I`m sure he planned to use some of the funds from the sale of this house to pay for the one he`s currently in, as well as other financial balls he may have in the air. No Suleman clan money means he`s had to deplete his own savings and now may be in arrears himself. I feel bad for the guy. I just hope Suleman`s next victim is paying attention, getting involved with these grifters is not a good business move. They have a history of walking away from foreclosed properties.

1287 days ago
57.

PicklesLaRue    

That's his own fault though, he never should of trusted the woman in the first place. That place isn't even worth the amount it was ever sold for anyways.

Posted at 2:01 PM on Oct 7, 2010 by Sar
----

It was when she bought it from him and that's all that matters. As the purchaser, she bears the burden of the value loss, not him. That's why banks still get to foreclose on the full value of the loan even when the market value of the property declines.

And yes, how dare he try to help her by arranging for her to buy a house that she wouldn't have qualified for on her own in a million years. I guess it IS his fault for trying to help her. In fairness to him, the information about how she screwed over the State of California, her parents and basically everyone she comes into contact with wasn't public at the time he made the generous offer to sell her that large house in that very nice neighborhood. When he made the loan, he may have believed every lie that came out of her mouth in her interviews with Ann Curry and Phil McGraw. I'm sure he's learned his lesson about ever helping anyone again until he's checked them out thoroughly.

1287 days ago
58.

Pretty LL    

Wow, you mean this useless POS who had a herd of kids she had no intention of supporting without government assistance...could be lying?

1287 days ago
59.

reject    

It is his fault he made a ****ty business deal and can't follow the proper procedures for dealing with it. If she was a renter she would be out in 7 days after not paying the rent where I am from. If she defaulted on the mortgage then it she be up to a bank to deal with it. If he is a retard then go on judge judy or jerry springer.

1287 days ago
60.

Spiffy    

Well...get out the popcorn folks, it's gonna be a bumpy October! OH, just WAIT till the public finds out she's had 11 IVF's while supposedly on welfare. WAIT till they find out she used different names with workman's comp, and different names on her IVF records. WAIT till they report many embryos she had implanted. Oh, it's going to be a rocky road for Nadya this month! I can't WAIT to see how the public processes all the dirty secrets that will be coming out. And I can't WAIT for all the new surprise revealed at Kamrava's trial!

1287 days ago
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