The trustee overseeing bankrupt Tricolor Holdings is seeking control of roughly 100,000 subprime auto loans originated by the lender, looking to hold them under court supervision while determining how ...
Americans are struggling to pay their bills, and the collapse of a major auto lender shows just how dire things are getting. Tricolor Holdings, a Dallas-based used-car dealer that made loans to people ...
A HELOC is a revolving line of credit backed by the value of your home. Typically, a HELOC has a 10-year draw period followed by a 20-year repayment period. It is often referred to as a second ...
Irving-based subprime auto lender and dealer Tricolor Holdings filed for bankruptcy Tuesday and plans to liquidate its assets, according to court filings.
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.
The US auto company, First Brands, involved in the sale of parts and highly dependent on debt, is facing bankruptcy, with its creditors involved to the tune of billions of dollars.
Vervent confirmed via a news release on Monday that it has been authorized to step in as a successor servicer in response to the Chapter 7 bankruptcy filing by ...
The $55 billion take-private of Electronic Arts Inc. has evoked several superlatives, including being heralded as the biggest leveraged buyout of all time. Part of that list is JPMorgan Chase & Co.’s ...