Tricolor Auto Acceptance filed for bankruptcy today following reports that the subprime auto lender had closed locations and was preparing to lay off employees. The Irving, Texas-based subprime auto lender filed for Chapter 7 bankruptcy with the U.S. Bankruptcy Court for the Northern District of Texas, according to court documents. The filing states that Tricolor […] The post Tricolor Auto Acceptance files for Chapter 7 bankruptcy appeared first on Auto Finance News.
