Court records show that the mother of Olympic gymnast Gabby Douglas filed for bankruptcy earlier this year in Virginia.Documents filed in January in Virginia show Douglas' mother, Natalie Hawkins, filed for Chapter 13 bankruptcy, which allows people to reorganize their finances and pay down debt over several years.
Douglas has been one of the most popular athletes at the Olympics in London, becoming the first African-American woman to win a gold medal in gymnastics. The 4-foot-11 inch (1.5-meter) 16-year-old taken home two gold medals so far and has become an international superstar, winning over fans with her smile and the nickname "Flying Squirrel."
The gymnast's agent has fielded hundreds of emails from businesses, talk shows and magazines interested in Douglas, and she's already slated to appear on the cover of a Corn Flakes box. She stands to earn millions of dollars from endorsement deals and other ventures. Douglas has been training for two years in Iowa and hasn't been home to Virginia Beach since then.