FIRSTPLUS INVESTMENT CORP
8-K, 1997-09-16
ASSET-BACKED SECURITIES
Previous: PG&E CORP, 8-K, 1997-09-16
Next: PARTY CITY CORP, 8-K, 1997-09-16



- -------------------------------------------------------------------------------
                   SECURITIES AND EXCHANGE COMMISSION

                           Washington, D.C.  20549

                                   FORM 8-K

                                CURRENT REPORT

                    PURSUANT TO SECTION 13 OR 15(d) OF THE
                     SECURITIES AND EXCHANGE ACT OF 1934


               Date of Report (Date of earliest event reported)
                              September 16, 1997


                       FIRSTPLUS Investment Corporation           
           ------------------------------------------------------
            (Exact Name of Registrant as Specified in its Charter)



       Nevada                         333-26527                75-2596063
- ----------------------------      ---------------           -------------------
(State or Other Jurisdiction        (Commission             (I.R.S. Employer
     of Incorporation)              File Number)            Identification No.)


     3773 Howard Hughes Parkway
              Suite 300N
            Las Vegas, Nevada                                 89109       
     --------------------------                      -------------------
         (Address of Principal                              (Zip Code)
           Executive Offices)

     Registrant's telephone number, including area code:  (702) 866-2236


                                  No Change                             
- -------------------------------------------------------------------------------
        (Former Name or Former Address, if Changed Since Last Report)




     Item 5.  Other Events./F1/
              ------------

     Filed concurrently  herewith under  Form SE are  certain materials  (the
"Computational   Materials") furnished to  the Registrant by Bear,  Stearns &
Co. Inc.,  as representative of  the underwriters (the  "Representative"), in
respect  of FIRSTPLUS  Home Loan  Owner Trust 1997-3,  Class A-1,  Class A-2,
Class A-3, Class A-4, Class A-5, Class  A-6, Class A-7, Class A-8, Class  M-1
and Class M-2  Notes (the "Notes") and Class B-1  Certificates (together with
the Notes, the "Securities").  The Securities are being offered pursuant to a
Prospectus  Supplement,  dated September  10, 1997,  and a  Prospectus, dated
September 10, 1997  (together, the "Prospectus"), which are  being filed with
the Commission  pursuant to Rule 424(b) under the  Securities Act of 1933, as
amended (the "Act").  The Securities have been registered pursuant to the Act
under a Registration Statement on Form S-3 (No. 333-26527) (the "Registration
Statement").  The  Computational Materials are  incorporated by reference  in
the Registration Statement.

     The  Computational Materials were prepared solely by the Representative,
and the Registrant did not  prepare or participate (other than  providing the
background  information concerning the  underlying pool of  assets upon which
the  Computational  Materials   are  based  to  the  Representative)  in  the
preparation of the Computational Materials.

     Any statements or  information contained in the  Computational Materials
shall be deemed to be modified  or superseded for purposes of the  Prospectus
and the Registration Statement by  statements or information contained in the
Prospectus.

- -------------------
/F1/  Capitalized terms used but not otherwise defined herein shall have
the same meanings ascribed to them in the Prospectus.


    Item 7.  Financial Statements; Pro Forma Financial Information and Exhibits.
             ------------------------------------------------------------------

(a)  Not applicable.

(b)  Not applicable.

(c)  Exhibits:

               99.1      Computational Materials. (P)



                                  SIGNATURES


     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant  has duly caused  this report  to be signed  on its behalf  by the
undersigned hereunto duly authorized.

                              FIRSTPLUS Investment Corporation



                              By:  /s/ Lee F. Reddin                       
                                  -----------------------------------------
                                   Name:  Lee F. Reddin
                                   Title:  Vice President




Dated:  September 16, 1997





                                EXHIBIT INDEX
                                -------------



Exhibit No.                   Description                   Page No.
- -----------                   -----------                   --------


99.1                     Computational Materials               P











                 EXHIBIT 99.1     COMPUTATIONAL MATERIALS (P)


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission