Gabby Douglas’ Mom Filed For Bankruptcy Right Before Olympics
“According to documents filed earlier this year in Virginia, Natalie Hawkins filed for Chapter 13 … which is far less severe than Chapter 7. The docs state Hawkins has assets totalling $163,706.10 and debt totaling $79,754.14.
“Her creditors include:
Capital One — $1,534
Student loan — $4,350.23
Sprint — $158.78
T-Mobile — $413
Orthodontist in Iowa (where Gabby trained when she was 14) — $408
“With the Chapter 13 filing, Hawkins has agreed to a monthly payment plan. She began making payments of $408/month back in February … to a trustee who will divy it up among her creditors.”
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