Courtesy: Pinky Cole
Pinky Cole, the entrepreneur and Real Housewives of Atlanta star known for the Slutty Vegan restaurant brand, filed for Chapter 11 bankruptcy in February. She has now submitted a proposed plan of reorganization that puts her personal finances on the record, including a monthly income of $6,000.
For someone known for high-energy branding, the numbers tell a quieter story.
What Pinky Cole’s monthly budget looks like
According to the court documents, Cole has mapped out exactly where her $6,000 goes each month. She set aside $200 for children’s expenses, $800 for groceries and $80 for gas. Medical costs account for $300. The largest items are taxes. She allocated $1,574 for Georgia state taxes and $1,343 for federal taxes. Together, those two come to just under $3,000 a month.
After accounting for all listed expenses, Cole has $1,500 in disposable income left each month. That figure covers anything the plan does not already address.
Chapter 11 lets a filer keep operating while working through debts under a structured payment plan. The process unfolds over time rather than all at once. For business owners, it is a path that keeps things running while addressing financial obligations.
The rental home dispute in Pinky’s case
One development in the case added more pressure to an already complex situation. During the bankruptcy process, a creditor seized one of Cole’s rental properties in Georgia. Cole challenged the move, arguing the seizure went beyond what the creditor had the right to do.
In the short term, the court sided with her. She got the keys to the property back and kept them while the case works toward a resolution. The rental home stays in place until a final decision is reached.
Who Pinky is beyond the numbers
Cole built her name around Slutty Vegan, a plant-based restaurant brand. The chain grew from one Atlanta location into a business with national attention and a loyal following. Her public profile brought her to Real Housewives of Atlanta, where she joined a cast known for its bold personalities and business minds.
Building a business and keeping personal finances stable do not always move together. This case shows how that gap can grow. Cole’s income in the filing reflects only her personal earnings. It does not capture what the Slutty Vegan brand generates on the business side. The proposed plan of reorganization is the next step in the case. Until it is approved, she is working with what she has left over each month.
Story credit: TMZ
About the Author
