Tag: bankruptcy

Sudden dealership closures prompt floorplan lenders to evaluate the potential for defaults and prep for recovery — especially when fraud ...

Tricolor Holdings’ chapter 7 bankruptcy filing on Sept. 10 has led to ratings downgrades for the financier and talks of ...

Vervent Inc. is preparing to take over servicing of Tricolor Auto Acceptance’s portfolio following the subprime lender’s Chapter 7 bankruptcy ...

Tricolor Auto Acceptance Chief Executive Daniel Chu resigned from the board of directors for Origin Bank days before the lender ...

Kroll Bond Rating Agency and Moody’s Ratings have put their ratings on downgrade watch for Tricolor Auto Acceptance’s securitization transactions in ...

Tricolor Auto Acceptance filed for bankruptcy today following reports that the subprime auto lender had closed locations and was preparing ...

Tricolor Auto Acceptance is preparing to file for bankruptcy as soon as today, putting a halt to expansion discussions ahead ...

A steady increase in bankruptcy filings over the past three years poses a growth opportunity for subprime auto lenders.  FinBe ...