How Long After Bankruptcy Can I Buy a Car? Those who have filed for bankruptcy may have concerns about when they will be able to make major purchases like buying a car. The solution to this issue is ...

Subprime auto financing is getting much more complex, from underwriting to securitizations. Likely connected with fallout from last week’s Tricolor Holdings’ Chapter 7 bankruptcy, Credit Acceptance ...

The seemingly sudden bankruptcy of subprime auto lender Tricolor Holdings has thrown the used-car financing world into chaos, with banks, investors, and regulators racing to untangle the complex ...

Prosecutors charged Tricolor founder Daniel Chu and others with double-pledging collateral and deceiving major banks, causing ...

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.

A Dallas community bank was ready to tow and protect thousands of cars this week, after a borrower's bankruptcy blew up in the faces of dozens of financial institutions. When Tricolor Holdings filed ...

First Brands Group has appealed to lenders for as much as $800 million in new financing to keep the auto-parts supplier afloat long enough to restructure in bankruptcy court.

Tricolor Auto Holdings, a Dallas-based chain of used-car dealerships and a major subprime auto lender, has filed for Chapter 7 bankruptcy and will liquidate its assets, ending operations that once ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Lenders to the Rochester Hills-based parent company of the ...

Prosecutors allege that executives at the chain of used car dealerships engaged in "a series of frauds directed at each of ...

Explore how special financing helps car buyers with bad credit obtain loans, its advantages and drawbacks, and how to ensure ...