Overview
- A federal bankruptcy judge ruled the Loganville, Georgia, rental must be returned to Pinky Cole after creditors took control during her case.
- The court found Guardian Asset Management violated the automatic stay, which is the rule that pauses collection once a debtor files for bankruptcy.
- Guardian was ordered to cover Cole’s attorney’s fees and related costs for what the judge described as disregard for bankruptcy protections.
- Guardian had entered the six-bedroom home, posted a notice, and locked Cole out, which cut off rent she planned to use to repay creditors.
- Court filings in the active Chapter 11 list about $1.2 million owed to the Small Business Administration and roughly $192,000 to the Georgia Department of Revenue.