*”The Real Housewives of Atlanta” star and Slutty Vegan founder Pinky Cole has revealed new details about her finances as part of her ongoing bankruptcy proceedings, offering a glimpse into the budget she says she’s living on while attempting to reorganize her debts.
According to legal documents obtained by TMZ, Cole reported a monthly income of $6,000 in a proposed Chapter 11 reorganization plan recently filed with the court.
The filing outlines how the entrepreneur plans to manage her expenses while navigating the bankruptcy process that began earlier this year.
Court Filing Details Monthly Budget
The reality television personality and restaurateur listed several monthly expenses in the proposed plan, including costs associated with raising children, groceries, transportation, healthcare and taxes.
According to the filing, Cole budgets $200 per month for children’s expenses and $800 for groceries.
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She also reported spending $80 on gasoline and $300 on medical expenses each month.
The largest expenses listed in the filing are tax-related obligations. Cole reported budgeting $1,574 per month for Georgia state taxes and $1,343 for federal taxes.
After accounting for those expenses, the filing indicates she would have approximately $1,500 in disposable monthly income remaining.
The financial disclosures are part of the bankruptcy process and are intended to provide creditors and the court with a clearer picture of her financial situation.
Chapter 11 Filing Came Earlier This Year
Cole filed for Chapter 11 bankruptcy protection in February as she sought to address outstanding debts while continuing to manage her business and personal financial obligations.
Chapter 11 bankruptcy allows individuals and businesses to reorganize debts under court supervision while maintaining operations and working toward a repayment plan.
The filing attracted attention because of Cole’s high-profile status as the founder of Slutty Vegan, the fast-growing plant-based restaurant brand that has expanded nationally and earned celebrity support over the years.
Her appearance on “The Real Housewives of Atlanta” also brought increased public interest to her business ventures and financial challenges.
Property Dispute Emerged During Proceedings
As previously reported, Cole also raised concerns during the bankruptcy proceedings about one of her rental properties.
She alleged that a creditor improperly seized a rental home connected to the case.
Court action ultimately allowed her to regain access to the property, with control of the home expected to remain in place at least until the Chapter 11 proceedings are resolved.
The dispute became one of several issues addressed as the bankruptcy case moved forward.
Business Success Meets Financial Challenges
Cole has become one of the most recognizable entrepreneurs in Atlanta through the success of Slutty Vegan, a brand that helped popularize plant-based fast food among a broader audience.
The restaurant chain’s growth turned her into a prominent business figure, leading to speaking engagements, television appearances and national recognition.
However, the newly disclosed court filings highlight the financial pressures that can emerge even for high-profile entrepreneurs.
While bankruptcy filings often reveal details that are not typically public, the information included in reorganization plans is designed to help courts evaluate whether proposed repayment strategies are realistic and sustainable.
For now, Cole’s proposed budget and income figures offer the clearest picture yet of how she says she is managing her finances while working through the Chapter 11 process.
The bankruptcy case remains ongoing, and the court has not yet issued a final ruling on the proposed reorganization plan.
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