• Mother of Pint-Sized Gymnast Had Olympic-Sized Debt

    As we mentioned in our last blog post on Monday, the financial woes of Russell Brand’s father, Ron, were just one story published on August 7, 2012, discussing the relative of a celebrity facing bankruptcy. As the CBS News clip above touches on, gold medal-winning Olympic gymnast Gabby Douglas’s mother, Natalie Hawkins, filed for bankruptcy earlier this year in Virginia. This news was also reported the same week that the parents of fellow US Olympian gold medal-winning swimmer Ryan Lochte were facing foreclosure in Florida.

    “It was really hard for us growing up – my dad had left us, so he wasn’t really in the picture anymore,” Douglas told the New York Post. “So my mom had to front all these bills. My dad didn’t really pay the child support. He was short [on money]. It was definitely hard on her part, and she had to take care of me and the rest of my siblings.”

    The Post also noted that Douglas has landed a $100,000 deal to appear on a box of Kellogg’s Corn Flakes, one of what is likely to be multiple endorsement opportunities for her and other Olympic athletes. Many people in situations similar to Natalie Hawkins’ in the sense of trying to raise a family as a single parent, however, will not be so lucky.

    If you are raising a family by yourself and have become overwhelmed with credit card debt or are facing foreclosure, a Chapter 7 or Chapter 13 bankruptcy could provide you with the fresh start you need. To see how our firm might be able to help, you can contact us at (866) 930-7482 or complete the form located on this page to have our Chicago bankruptcy attorneys review your case.

    Benjamin Brand Services – Chicago bankruptcy lawyers

  • Russell Brand’s Father Faces Bankruptcy For Unpaid Rent

    We have written before about famous bankruptcies , and two stories in one week demonstrated that celebrities are still subject to the same financial difficulties as the rest of us. WENN.com reported on August 7, 2012, that actor and comedian Russell Brand’s father, Ron, was facing bankruptcy after amassing more than $20,000 in debt. The 67-year-old reportedly owed the sum in unpaid rent and was due to appear in court in the United Kingdom that day, but a source told British newspaper the Daily Mirror that he refused to borrow the money from his son because he does not want to “burden him.”

    “Ron would never want to burden Russell with his problems and would never dream of asking for money,” the source told the Mirror. “It’s a really stressful situation but Ron is determined to work through his problems. Ron’s made a couple of bad investments and has struggled financially as a result. It’s obviously upsetting but he’s confident he can turn things around.”

    While it is certainly understandable for people to want to handle financial problems on their own, you should also know that it is not a sign of weakness to ask for help. In our next blog post, we will discuss the other high-profile bankruptcy that garnered headlines that day, but you should know that there is assistance available if you are currently struggling to pay your monthly bills. A Chapter 7 or Chapter 13 bankruptcy can help you and your family get a fresh start. Contact our firm at (866) 930-7482 or complete the form on this page to have our Chicago bankruptcy lawyers review your case.

    Benjamin Brand Services – Chicago bankruptcy attorneys