Lender Curo Group Gets OK For Ch. 11 Plan Disclosure

By Rick Archer · March 27, 2024, 7:44 PM EDT

A Texas bankruptcy judge Wednesday said he would give preliminary approval to consumer lender Curo Group Holdings Corp.'s Chapter 11 plan disclosure statement....

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Bankruptcy Scorecard

Summary

Consumer lender Curo Group Holdings Corp. filed for Chapter 11 protection in Texas on March 25 with a plan of reorganization supported by a majority group of creditors, saying it crumbled under a $2.1 billion debt load with high interest rates.

Case Number

4:24-bk-90165

Judge

Marvin Isgur

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$2.1 billion

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