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Pinky Cole Faces Foreclosure Amid Bankruptcy Woes
24 Oct
Summary
- Finance company seeks foreclosure on Pinky Cole's rental property.
- Cole reportedly owes over $164,000 on the Georgia property.
- This comes as Cole navigates ongoing bankruptcy proceedings.
Pinky Cole, the entrepreneur behind Slutty Vegan and a personality on 'The Real Housewives of Atlanta,' is confronting further financial difficulties. Selene Finance LP has petitioned a bankruptcy judge for authorization to pursue remedies that could lead to the foreclosure of a three-bedroom rental property located in Georgia. The company alleges that mortgage payments for this property have been missed since December 2025, with an outstanding balance exceeding $164,000.
Cole's attorney, Jamie Christy, has clarified that the property in question is a rental and not Cole's primary residence, asserting it is being managed within the bankruptcy plan. Christy described the lender's motion as an "impulsive move" and expressed confidence that the focus should remain on Cole's financial reorganization. This situation adds to Cole's existing bankruptcy proceedings, where she previously challenged a creditor's effort to seize another of her rental assets.
These financial challenges arise as Cole balances her burgeoning business empire and television career. Her vegan burger chain, Slutty Vegan, has gained significant popularity. Meanwhile, Cole and her husband, Derrick Hayes, are preparing to welcome their fourth child together, expanding their blended family.