Fans are learning more about Real Housewives of Atlanta star Pinky Cole’s finances amid her ongoing bankruptcy. If her filing is to be believed, it looks like she’s on a pretty tight budget. But then again, who isn’t these days? It turns out, reality stars are just like us sometimes. In the latest news, Pinky listed her monthly income as $6,000 in her proposed reorganization plan.
The Real Housewives of Atlanta star’s reported income and Chapter 11 bankruptcy case
The topic of bankruptcy has been quite popular in the latest season of RHOA. In fact, Pinky’s bankruptcy filing made headlines even before she made her RHOA debut. But as fans are seeing during the season, she sheds a bit more light on her decision to file.
Pinky is known for her line of Slutty Vegan restaurants. It turned out the entrepreneur was on the hook for millions thanks to ballooning debt. She even spoke to castmate Kelli Ferrell, who was in a similar situation.
She was still deciding while filming the latest RHOA season, but since then, she has gone ahead with filing. Now, in legal documents obtained by TMZ, Pinky has listed her monthly income as $6,000 in her proposed plan of reorganization.
The plan listed how she would budget the income. It said she would put $200 on children’s expenses, $800 on groceries, $80 for gas, $300 for medical, $1,574 for Georgia state taxes, and $1,343 on federal taxes. This would leave her with $1,500 a month in disposable income.
Hopefully, this new plan will help her address her debts. Pinky claimed one creditor had already improperly seized one of her rental homes. However, she was able to get the keys to the property back, at least until her Chapter 11 is finalized.
Pinky’s newest filing offers a glimpse into how she plans to organize her spending to manage her financial responsibilities.
The Real Housewives of Atlanta airs on Sundays at 8/7c on Bravo. You can stream it the next day on Peacock.
TELL US – DID YOU THINK PINKY’S PLAN IS REALISTIC? WILL THIS HELP HER GET THINGS BACK IN ORDER?
