PrimaLend Capital Files Bankruptcy Seeking a Sale
- Paul Mangione
- Oct 21, 2025
- 1 min read
Updated: Dec 2, 2025
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 secured debt, $75 million in senior unsecured notes, and $24.6 million in junior subordinated debt.
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