Browsing: Bankruptcy

Key insight: The Synapse bankruptcy dismissal raises questions about whether and when victims will be reimbursed. Supporting data: The CFPB Civil Penalty Fund balance is $118.9…

A Tricolor dealership in Houston on Sept. 11, 2025. Tricolor Holdings, a used car seller and subprime lender that focuses on undocumented immigrants in the Southwest,…

Key Insight: Tricolor’s business model differed from other auto finance companies, which could have contributed to its problems.What’s at Stake: It’s unclear how many more lenders…

Can I buy a car before filing Chapter 7 or Chapter 13 bankruptcy? Source link

How to get a car loan after bankruptcy: It’s tough but possible Source link

Borrowers should know that they’re required to complete an approved credit counseling session before filing, and a debtor education course before their debts can be discharged.…

Why finishing college could help solve the student loan crisis Policymakers often blame student loan delinquencies and defaults on the amount of debt. But I argue…

If you’re juggling multiple debts, you might be looking for a fresh start. Debt consolidation and bankruptcy are two paths to getting a handle on your…

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If you’re juggling multiple debts, a debt consolidation loan might offer a way to simplify payments. But what happens if your financial situation worsens and you…