Subprime Firm Owned by Fortress/U.S. May File for Bankruptcy

In a recent SEC filing, SpringLeaf Finance Corp. raised the bankruptcy issue, saying if its financial condition does not improve, “we may not be able to generate sufficient cash to service our debt.”

Article source: http://www.nationalmortgagenews.com/dailybriefing/springleaf-finance-bankruptcy-1030332-1.html

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