It was a major win for Pinky Cole as a judge ordered creditors to turn over a home they seized from the Slutty Vegan restaurant founder.
“I feel relieved that the court gave me authority to reclaim my property,” Cole told Channel 2’s Audrey Washington on Thursday afternoon.
As we reported previously, Cole filed for Chapter 11 bankruptcy in February.
According to court filings, Cole owes $1.2 million to the U.S. Small Business Administration and $192,000 to the Georgia Department of Revenue.
“There are several reasons why people file for bankruptcy. The most important one is to get back to status quo. Usually, when something is happening, like a foreclosure or a lawsuit, so filing bankruptcy will stop all of that,” attorney Schuyler Elliott said.
But recently, creditor Guardian Asset Management seized a Loganville home owned by Cole.
Washington was the only reporter in the federal courtroom on Thursday as Cole’s attorney argued that Guardian’s actions “violated the automatic stay and that Guardian must return the property to the debtor.”
The judge agreed and ordered that the locks be changed and the property be turned back over to Cole.
Original story
A Loganville home owned by Slutty Vegan restaurant chain founder, Pinky Cole, has been seized by creditors.
Cole, whose real name is Aisha Cole, filed for bankruptcy earlier this month.
Court filings show Cole owes $1.2 million to the U.S. Small Business Administration and another $192,000 to the Georgia Department of Revenue.
According to new court documents obtained by Channel 2 Action News, creditor Guardian Asset Management seized a home owned by Cole.
“On February 20, 2026, Guardian seized the Property, changed the locks, and put a notice on a street-facing window,” the court document said. “That Notice stated, ‘This property is under the management of Guardian Asset Management. When it is available for sale, arrangements to inspect the property may be made through a real estate broker of your choice. The property may not be entered until it is offered for sale.’”
An emergency hearing over the situation has been scheduled for Thursday in federal court.