Lender Curo Group Hits Ch. 11 To Slash $1B In Debt

By Emily Lever · March 25, 2024, 12:30 PM EDT

Consumer lender Curo Group Holdings Corp. filed for Chapter 11 protection in Texas on Monday with a plan of reorganization supported by a majority group of creditors, saying it crumbled under a...

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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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