Tag: bankruptcy

Englewood Cliffs, N.J.-based Trinity Auto filed for Chapter 11 bankruptcy Jan. 2 due to a lack of funding, rising costs and reduced consumer demand.  Trinity Auto, which does business ...

US prosecutors charged the founder of bankrupt subprime auto lender Tricolor Holdings with conspiring to defraud lenders and investors, in ...

Unpaid interest across six classes of notes in Tricolor Auto’s asset-backed securitization deal rated by S&P Global has prompted the agency to reinstate and lower its ...

Daniel Chu was in Italy, a world away from the sweltering Texas car lots he had built his fortune on, ...

Auto dealers who lend money to buyers with spotty credit histories pushed subprime lender PrimaLend Capital Partners into bankruptcy, the ...

PrimaLend Capital Partners filed for bankruptcy after months of negotiations with creditors following missed interest payments on its debt, the ...

Subprime auto lender Credit Acceptance Corp. is addressing questions from investors on the quality of its loans in an 8-K ...

Since Tricolor’s Sept. 10 bankruptcy filing, a lot has been said about how Tricolor may be an analogue for the ...