Tag: vervent

Tricolor’s sudden slide into Chapter 7 bankruptcy forced backup servicer Vervent to take on additional operational tasks on top of ...

The takeover of Tricolor Holdings’ assets, data and debts appears to have cost nearly $5 million so far and could ...

Tricolor Holdings trustee Anne Burns can use up to $275,000 of the company’s cash to keep up insurance on Tricolor’s ...

Anne Burns, the trustee in charge of Tricolor Holdings, can operate some parts of the business to secure Tricolor’s assets ...

Tricolor Holdings’ new loan servicer, Vervent, is facing collateral usage restrictions and demands from creditors to reclaim their auto parts ...

Inside the sleek glass-and-stone headquarters of Tricolor Holdings, the remains of an auto-lending juggernaut plunged suddenly into bankruptcy were visible ...

The U.S. Bankruptcy Court of the Northern District of Texas Dallas Division approved a stipulation on Sept. 19 allowing Vervent ...

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