Auto dealer/lender Tricolor Auto once billed itself as a financial lifeline for underserved buyers. It filed for bankruptcy, ...

The Better Business Bureau is urging Tricolor customers to keep making payments as the auto lender’s bankruptcy plays out.

Trustees are appointed to oversee the assets, accounts, debts and liabilities of the party that declared bankruptcy. Wohali, ...

Recent SDNY cases support using opt-out procedures for third-party releases in Chapter 11, aligning with courts that see ...

In a Chapter 7 bankruptcy, creditors may seize assets to repay your debt. However, these assets are subject to federal and ...

In 2016, the Insolvency and Bankruptcy Code, 2026 (IBC) was introduced as a transformative piece of legislation aimed at resolving corporate distress in a time-bound and efficient manner.

Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ...

From cars locked behind chains and padlocks to empty lots, Tricolor Auto Group customers tell ABC13 that is what they've found in the past two weeks. Nearly two weeks ago, used car retailer Tricolor ...

The entity managing bankrupt crypto exchange FTX has filed a lawsuit in Delaware’s U.S. Bankruptcy Court to recover more than $1 billion it claims was ...

Bankruptcy can stay on your credit report for up to ten years, making it harder to qualify for loans, rent an apartment, or even secure some jobs. This long-lasting mark means higher interest rates ...

Many debtors confuse dismissal with discharge, so it’s essential to check your paperwork to understand your status before ...

Growing up, Sam’s parents were not smart with money. They declared bankruptcy when he was 10 years old after living as ...