Octomom's Doctor From a Belly Full of Glory ... To Belly Up

1/6/2012 4:40 PM PST

Octomom's Doctor Files for Bankruptcy

He was touted as a miracle doctor when Nadya Suleman first gave birth to octuplets in 2009 -- but now, 3 years later, the fertility doctor who injected her with 12 embryos has hit the skids ... filing for bankruptcy.

Dr. Michael Kamrava filed Chapter 7 papers ... claiming he has only $17,628 in assets ... and a staggering $1.2 million in debts.

Among his assets -- 3 computers and a printer ($800), furniture ($5000), kitchen appliances ($3000), and medical books ($300).

Meanwhile, his list of creditors is endless  -- Kamrava owes more than $20k on his credit cards, $40,000 on his BMW, $850,000 in office rent ... plus $60,000 in taxes,  and the list goes on.

Kamrava's medical license was revoked in July for gross negligence in his treatment of Octo -- implanting 12 embryos inside her at once. He begged the court to get it back -- claiming he was struggling to survive  -- but an unsympathetic judge shot him down.