Gabby Douglas' Mom Natalie Hawkins Had to File Bankruptcy | BlackSportsOnline

Gabby Douglas’ Mom Natalie Hawkins Had to File Bankruptcy Before Olympics

by Robert Littal | Posted on Sunday, August 5th, 2012
Tweet about this on TwitterShare on FacebookEmail this to someoneShare on RedditShare on Google+

If hadn’t already figured out from Ryan Lochte’s parents house going into foreclosure it is very difficult for Olympians parents financially.

For the years before the Olympics and there is little to no money for them. They are paying everything out of pocket. So something like this shouldn’t be surprising.

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.

So, besides the pressure of only being 16 and competing against the world’s best with the entire world watching, Gabby Douglas was always competing to help her family live comfortably for the rest of their lives.

Did I mention she is only 16?

Great job Gabby, don’t think you and your mom will have to worry about money for a long time.

About the Author

Founder & Editor in Chief of BlackSportsOnline & BSO Entertainment The Ohio State University Alum & Dollarnaire for Life

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

BSO Privacy Policy