Aisha Pinky Cole Files Personal Chapter 11 in Northern District of Georgia

Aisha "Pinky" Cole filed a personal Chapter 11 petition in the Northern District of Georgia, listing roughly $1.4 million in liabilities and naming the U.S. Small Business Administration as her largest creditor with $1.2 million owed and the Georgia Department of Revenue with $192,000 in tax claims. Court schedules and the bankruptcy petition reflect the creditor breakdown and indicate Cole moved to Chapter 11 after an earlier Chapter 13 filing in January was dismissed.

The bankruptcy paperwork sets a court teleconference for March 12, 2026 and a deadline to submit a Chapter 11 reorganization plan by June 12, 2026. The schedules attached to the petition show significant assets alongside the liabilities: total assets of $3,748,000, including $2,894,200 in real estate holdings, $1,000,000 in restaurant equipment, and $435,000 in vehicles that include a bus listed as "The Magic School Slut."

Filings itemize other personal property and business-related assets that could factor into a plan. The schedules list $854,000 in personal property, a Baltimore liquor license, a customer email list with 40,000 entries, designer shoes valued at $15,000, and a French bulldog valued at $5,000. The debtor statement reports combined monthly income of $14,583 against monthly expenses of $41,700, reflecting an operating shortfall that the filings identify as a driver for reorganization.

Beyond the headline creditors, Cole faces other legal and collection pressures that appear on the schedules. The petition notes a foreclosure action on a $140,000 investment property, a landlord lawsuit alleging more than $87,000 in unpaid rent and fees for two Edgewood Avenue Slutty Vegan locations, a wage claim in Fulton County, a real estate claim in Texas, and a levied PayPal account. Those pending matters are listed among the "self-disclosed pending legal actions" in the filing.

Cole's business biography and ownership history are recounted in the petition and related materials. She founded Slutty Vegan from a 2018 food truck and grew the concept to a peak footprint reported as 14 units; corporate disclosures indicate only five locations remain listed on the company website. The company raised a $25 million Series A in 2022 that was led by Enlightened Hospitality Investments and carried a reported $100 million valuation. Investor records and filings show Cole reclaimed majority control through an entity listed as "Ain't Nobody Coming to See You, Otis" and rebranded operations as "Slutty Vegan 2.0" after a near-fatal car accident in 2025, and the filings note she announced franchising plans in September 2025.

The petition references Cole's public profile and partnerships, noting collaborations with national brands and investors; Danny Meyer is quoted in past investor materials calling her "the Pied Piper of veganism." In the bankruptcy filings Cole wrote that she anticipates "more growth & opportunities." The March 12 teleconference and the June 12 plan deadline will establish the timeline for whether that growth will be pursued through a confirmed Chapter 11 plan, asset sales, or other restructuring steps.