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American Car Center parent files for bankruptcy 

RAC Asset and RAC Servicer were named debtors 

Amanda HarrisbyAmanda Harris
March 16, 2023
in Capital & Funding
Reading Time: 2 mins read
0
RAC Asset Holdings on Tuesday filed for Chapter 7 bankruptcy protection in Delaware following the closure of subprime auto lender American Car Center.   Memphis, Tenn.-based RAC Asset, the parent company of American Car Center (ACC), was founded in 2016.  RAC is the transfer and undivided trust interest beneficiary of the collateral backing three of American […]

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