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Dallas bank scrambles amid borrower's chaotic bankruptcy
American Banker· 2025-09-20 04:43
Key Insight: Some 10,000 cars across the country are at the center of the contention as Tricolor's bankruptcy case kicks off.What's at Stake: The subprime auto lender's inventory of vehicles may be the best chance for some creditors, including banks, to recoup losses.Forward Look: Ensuring that roughly 100,000 auto loans originated by Tricolor continue to be serviced is a top priority, the trustee in the bankruptcy case said.A Dallas community bank was ready to tow and protect thousands of cars this week, a ...