Tricolor bankruptcy sets up fight for auto lender’s assets after alleged fraud
riumph Financial has dispatched employees to used-car lots
In the wake of the sudden collapse of subprime auto lender Tricolor Holdings, creditors across the US are scrambling to stake their claim on the company’s remaining assets and contain their losses. In Dallas, the regional bank Triumph Financial Inc. has dispatched teams of employees to used-car lots, where they’re identifying and whisking away to […]
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