Pinky Cole Fights Back After Creditor Allegedly Seizes Her Home
Pinky Cole and her money troubles are back in the headlines.
“The Real Housewives of Atlanta” newcomer and Slutty Vegan founder rushed back to bankruptcy court after claiming that a creditor seized one of her Georgia investment properties and changed the locks. TMZ reported that Cole said the home is a 6-bedroom, 4-bathroom property in Loganville, about an hour east of Atlanta, and that the seizure came after she filed for Chapter 11 earlier this year.
According to court documents obtained by TMZ, Cole said Guardian Asset Management placed a notice in the street-facing window of the property and locked her out after she filed for bankruptcy. She argued the seizure violates the automatic stay that should pause collection efforts once a Chapter 11 case is active. Cole’s lawyer, Jamie Christy, told TMZ, “This was an investment property that was unlawfully seized from Ms. Cole. This unlawful seizure violated the automatic stay imposed in Ms. Cole’s bankruptcy case.”
The filing also states that Cole needs the property to generate income by renting it out and said she already has a prospective tenant lined up with a lease set to begin April 1. In other bankruptcy documents, Cole reportedly stated that she owes millions in debt and is currently unemployed, with her husband’s roughly $15,000 monthly income listed as her only steady source of money.
For a public figure whose brand has long been tied to Black entrepreneurship and economic ownership, the latest filing is a reminder that building businesses can be just as messy as scaling them. Cole has not made her challenges private; she has been forced to navigate them in public, with the courts, creditors, and fans all watching.