The presence of a debris disk around Fomalhaut C is surprising for two reasons. First, this is only the second known example of a multiple star system hosting multiple debris disks. Second, debris disks are very rare around low mass stars — although this may be simply because such stars have low luminosity, leaving their debris cold and faint. The Fomalhaut system is very nearby (only 7.7 parsecs from the sun), making this detection easier. Fomalhaut C may be the best example for studying the properties of debris disks around low mass stars, which could be common but typically undetectable.