Records reveal creditors confiscated one of Pinky's homes...
From TMZ
'Real Housewives of Atlanta' newbie Pinky Cole rushed to bankruptcy court after she claims a creditor seized one of her investment homes and changed the locks ... TMZ has learned.
According to court docs obtained by TMZ, Pinky said she owns a fancy property in Georgia -- a 6-bedroom, 4-bathroom, 2,814-square-foot home in the city of Loganville, about an hour east of Atlanta.
In the new filing, Pinky claims that after she filed for bankruptcy, Guardian Asset Management seized the Loganville home, placed a notice in the street-facing window, and changed the locks.
Pinky says her lawyer tried to contact Guardian and explain their actions were improper since the bankruptcy filing paused any collection efforts. The 'RHOA' star said the seizure is causing "extreme financial harm" because she needs to rent the property in order to bring in income and said she has a prospective tenant with a lease set to start on April 1.
The creditor has yet to formally respond. Pinky's lawyer, Jamie Christy, tells TMZ, "This was an investment property that was unlawfully seized from Ms. Cole. This unlawful seizure violated the automatic stay imposed in Ms. Cole’s bankruptcy case."
In other bankruptcy docs, Pinky states she owes millions in debt and is currently unemployed, with basically no income aside from $15K a month her husband earns.
4 comments:
I always really hated the name Slutty Vegan.
Ok now Gaurdian is doing way too much too fast. Girl you need lawyers that know how to move faster than that. No coins no property. TY ppl get around situations like this every day with lil to no penalty. Y'alls president did it. LOLO
@10:18 I do too, I never understood why you would name your business something like that.
Y'all can't do what white folks do in filing for bankruptcy to protect your assets s
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