Bankruptcy filings climbed 14% year-over-year in April, and the industry is pointing toward auto financing as part of the cause. According to data provided by Epiq AACER, total bankruptcy filings came ...
Tricolor Holdings, a Dallas-based chain of used-auto dealers, filed for Chapter 7 bankruptcy protection on Wednesday. The liquidation plan was filed in U.S. Bankruptcy Court in Dallas. It lists ...
Irving-based subprime auto lender and dealer Tricolor Holdings filed for bankruptcy Tuesday and plans to liquidate its assets, according to court filings. The case comes after allegations of ...
HOUSTON — A Texas-based auto dealer and lender that once billed itself as a financial lifeline for underserved buyers is now bankrupt, leaving thousands of customers with unanswered questions.
Nearly two decades ago, the collapse of the subprime home loan market sparked the Great Recession and devastated the economy. There are echoes of that history in the recent collapse of Tricolor ...
Auto-parts supplier First Brands Group is preparing a possible bankruptcy filing after concerns about its financial disclosures emerged among its lenders, people familiar with the matter said. The ...
First Brands won bankruptcy court approval to access a bankruptcy loan it said is critical to continuing operation. The auto-parts supplier was authorized on Friday to tap the remaining $600 million ...