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PrimaLend Capital Files Bankruptcy Seeking a Sale
October 22, 2025 - Auto industry subprime lender PrimaLend Capital Partners LP and two affiliates filed for Chapter 11 bankruptcy protection to restructure its debts and seek a sale of its assets. The Plano, Texas-based debtor filed its petition in the U.S. Bankruptcy Court for the Northern District of Texas in Fort Worth, listing $100 million to $500 million in assets and liabilities, including $286.1 million in debt obligations. PrimaLend owes $186.5 million in senior secur

Paul Mangione
1 min read


Carriox Capital Active in Telecom Receivables File Chapter 11
October 21, 2025 - Carriox Capital II LLC and its related companies — once presented as agile financing vehicles in telecom receivables — are now buried in Chapter 11 bankruptcy filings that reveal a staggering $552 million secured debt and almost no remaining assets. https://wirelessestimator.com/articles/2025/the-great-telecom-invoice-factoring-illusion-how-new-york-financier-carriox-capital-fooled-the-money-men/

Paul Mangione
1 min read


First Brands Group in Chapter 11 with $11 Billion of Liabilities
September 28, 2025 - First Brands Group, an aftermarket auto parts manufacturer, filed for Chapter 11 with over $11 billion in total liabilities, including more than $6 billion in on-balance sheet debt and approximately $2.3 billion in off-balance sheet financing. https://www.reuters.com/markets/us/auto-parts-maker-first-brands-files-bankruptcy-protection-2025-09-29/

Paul Mangione
1 min read


Auto Dealer Tricolor Files for Chapter 7 Bankruptcy Liquidation
September 10, 2025 - Auto dealer and subprime lender Tricolor announced its filing for Chapter 7 bankruptcy liquidation , a move that followed reports of alleged fraudulent activity. This announcement led to the company's operational shutdown, the temporary leave of most of its employees, and investigations into the potential double-pledging of collateral for warehouse credit lines. https://www.reuters.com/legal/litigation/auto-dealer-tricolor-files-bankruptcy-moves-liquida

Paul Mangione
1 min read


Home Improvement Whole Loans
😎 Exciting News from Fort Schuyler Advisors 🤝 We are delighted to announce that Fort Schuyler Advisors, a New York-based capital...

Paul Mangione
1 min read


What is a Recreational Vehicle (RV)?
Motorized RVs are categorized according to their class - Class A, B or C. There are other types of RVs such as towable RVs, fifth wheels...

Paul Mangione
1 min read


Where to Buy Affordable Used Cars?
Many Americans are concerned about the high cost of used cars, especially after seeing a 45% year-on-year increase according to the Manheim Used Vehicle Index. They are asking: "Why are used cars so expensive?" The main reason was that in the last two years, a continuing shortage of computer chips reduced the quantity of new cars automakers can build as well as ship to dealers. This led to an increased demand of used cars. The public rarely looks at another option for buying

Paul Mangione
2 min read


January Used Vehicle Price Update
The Manheim Used Vehicle Value Index for January 2022 was 236.3 versus 236.2 in December and 163 in January 2021 (a 45% increase YoY)....

Paul Mangione
2 min read


How Your Perspective Determines Your Success
Seven minutes with MIT Professor and CEO of Bose Corporation Amar Bose and the story of two engineers. #life #experience #lifeexperience...

Paul Mangione
1 min read


NYC Commercial Building Permits
NYC Department of Buildings Permit Data by Borough 2011-2021 for Commercial Properties (non-residential, non 1-3 family) Total annual...

Paul Mangione
1 min read

























