8/6 — Hawkins spoke to reporters about her financial history in London yesterday …saying, “It’s my story, it’s part of me. I’m not even embarrassed about it.”
She added, “It shows that even though I didn’t like to have to do it, I’m glad there was something there for me to be able to protect my home.”
Just a few months before Gabby Douglas won her gold medal — and opened the door to countless opportunities that will undoubtedly score her millions of dollars -– her mother filed for bankruptcy … TMZ has learned
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 divvy it up among her creditors.
However, with Gabby’s new found fame and the potential to make a bloody fortune, it’s likely her mother will never have to worry about bankruptcy or money problems ever again.
Rest In Power: Notable Black Folks Who We’ve Lost In 2023
CLEVELAND BALLER BATTLE
VIDEO: Chelsea Handler Talks About Sex With 50 Cent & Dumping Him Because Of Ciara!!!
The Chloe Bailey & Damson Idris Sex Scene in Swarm Has the Internet TALKIN!
‘Free Cone Day’! Here’s Where to Get Free Ice Cream in Cleveland Today!
Uh Oh! Naked Pic of Serena Williams Goes Viral!
LeBron's Biopic 'Shooting Stars' Filmed in Akron, Cleveland Heights & Canton
Win $250 PLUS Comedy Show Tickets!