‘RHOA’ Newcomer Pinky Cole Rushes To Bankruptcy Court After Creditors Seize Her Georgia Home
It looks like Slutty Vegan founder Pinky Cole is going to have an eventful first season on Real Housewives of Atlanta.
According to reports from TMZ, Cole rushed to bankruptcy court this week following her claims that a creditor seized her home and changed the locks.
Per court documents obtained by the outlet, Pinky said she owns a 6-bedroom, 4-bathroom, 2,814-square-foot home in the city of Loganville, about an hour east of Atlanta. She filed for Chapter 11 bankruptcy earlier this year.
As for this new filing, the entrepreneur claims that after she filed for bankruptcy, Guardian Asset Management seized her fancy home and placed a notice in the street-facing window before changing the locks.
Pinky goes on to add that her lawyer tried to contact Guardian and explain their actions weren’t warranted since the bankruptcy filing paused any collection efforts. The soon-to-be star of RHOA said the seizure is causing “extreme financial harm,” claiming she needs to rent the property in order to bring in income. Cole says she has a prospective tenant with a lease set to start on April 1, but has not yet received a response from the creditor.
As BOSSIP previously reported, the plant-based restaurant founder filed for Chapter 11 bankruptcy protection on Mar. 2 in the state of Georgia. Court documents show she owes approximately 1.2 million to the U.S. Small Business Administration, tied to a COVID-era Economic Injury Disaster Loan, along with nearly $192,000 to the Georgia Department of Revenue. The total debt listed exceeds $ 1.3 million.
Cole’s initial banruptcy filing came after a rocky year for Slutty Vegan. In early 2025, the company entered into an Assignment for the Benefit of Creditors, a state-level alternative to bankruptcy. She temporarily gave up ownership before buying back the brand and its intellectual property weeks later.
Pinky ended up addressing the chatter surrounding this move head-on, insisting she was going to be okay. In a video shared by 11 Alive News, she appeared calm and confident, explaining that restructuring is part of entrepreneurship and growth. She made it clear she is still standing and still building.
Now that her home has been taken, it’s unclear if she still feels that way.
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