(EXCLUSIVE) Gold Medal Olympian Gabby Douglas’ Mom In Danger of Foreclosure
Hawkins filed for Chapter 13 bankruptcy to have the federal court judge sign off on a re-payment plan to help make her debt manageable.
The court eventually approved a payment schedule in which Hawkins would beginning making 8 monthly payments starting in February of $400, then make one lump payment of $5,817 in October 2012 then 49 monthly payments of $400 for a grand total of $28,617 paid by Hawkins back to her creditors.
Then shortly after the plan was approved, PNC Bank – the owner of Hawkins mortgage loan – accused her of defaulting on the post-petition payments she was to make. They demanded the court allow them to foreclose on her property due to her missing 3 monthly payments of $734.02 for a total amount of $2,202.06 for her payments following her bankruptcy petition. However, the judge ordered Hawkins continue making her monthly payments to the bank and also cure her arrears. The order did not allow the bank to foreclose on her home as long as Hawkins made her payments.
The bankruptcy has been pending for over a year with Hawkins continuing to make her scheduled monthly payments to her creditors.
Hawkins spoke to the press following the story of her bankruptcy hitting the media and stated, “It’s my story, it’s part of me. I’m not even embarrassed about it.” … and “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.”
However, docs were filed on April 8th in the case which state Gabby’s mother had defaulted on her home payments once again. PNC Bank filed documents stating Hawkins has failed to make 4 monthly payments from 1/1/2015-4/1/2015 in the amount of $650.70 per month (she had her mortgage payments reduced recently) for a grand total of $2,602.80 in arrears.
PNC Bank states if Hawkins doesn’t pay up the total amount in 10 days they will head back to court and ask the judge to allow them to take possession of the home and remove her from the property ASAP. See the exclusive court docs.
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