<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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8-K
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Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 15, 1997
-----------------
EQCC HOME EQUITY LOAN TRUST 1996-A
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(Exact name of registrant as specified in governing instruments)
33-99344
Delaware 33-99344-01 59-3400385
- ------------------------ ---------------- ------------------
(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification No.)
organization)
10401 Deerwood Park Boulevard, Jacksonville, Florida 32256
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(Address of principal offices) (Zip Code)
Registrant's telephone number, including area code: (904) 987-5000
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Not Applicable
- -------------------------------------------------------------------------------
(Former name or former address, if changed since last report)
Total Number of Pages 10
Exhibit Index Located at Page 5
Page 1 of 10
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Items 1 through 4, Item 6, and Item 8 are not included because they are not
applicable.
Item 5. Other Events.
(a) Merger. On September 26, 1994, EquiCredit Corporation (the "Company")
entered into an Agreement and Plan of Merger (the "Merger Agreement") with
Barnett Banks, Inc. ("Barnett Banks") and a Delaware corporation to be formed
as wholly-owned subsidiary of Barnett Banks (the "Merger Subsidiary"). The
transaction was consummated on January 27, 1995.
(b) On August 15, 1996, (the "August Remittance Date") a scheduled
distribution was made from EQCC Home Equity Loan Trust 1996-2 to holders of
Class A-1 Certificates, Class A-2 Certificates, Class A-3 Certificates, Class
A-4 Certificates and Class A-5 Certificates. The information contained in
the Trustee's Remittance Report in respect of the August Remittance Date,
attached hereto as Exhibit 99, is hereby incorporated by reference.
2
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As of October 1, 1993, Old Stone Credit Corporation is n/k/a EquiCredit
Corporation of America.
Item 7. Financial Statements and Exhibits.
(a) Financial Statements - Not Applicable
(b) Pro Forma Financial Information - Not Applicable
(c) Exhibits
(Exhibit numbers conform to Item 601 of Regulation S-K):
99 Trustee's Remittance Report in respect of the August
Remittance Date.
[THE REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK]
3
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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 the
undersigned hereto duly authorized.
EQCC HOME EQUITY LOAN TRUST 1996-A
(Registrant)
EQUICREDIT CORPORATION OF AMERICA
as Representative
December 15, 1997 BY: /s/ JOHN D. EVANS, JR.
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John D. Evans, Jr.
Senior Vice President
4
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INDEX TO EXHIBITS
<TABLE>
<CAPTION>
Sequentially
EXHIBIT Numbered
NUMBER Exhibit Page
- ------- ------- ------------
<S> <C> <C>
99 Trustee's Remittance Report in respect of the August 7
Remittance Date.
</TABLE>
[THIS SPACE IS INTENTIONALLY LEFT BLANK]
5
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EXHIBIT 99
Trustee's Remittance Report in respect of the August Remittance Date.
[THIS SPACE IS INTENTIONALLY LEFT BLANK]
6
<PAGE>
<TABLE>
<CAPTION>
FIRST BANK NATIONAL ASSOCIATION
AS TRUSTEE
EQUICREDIT FUNDING TRUST 1996-A
PYMT PER FROM DATE DECEMBER 15, 1997
PYMT PER TO DATE JANUARY 15, 1998
PER $1,000 PER $1,000 PER $1,000
ORIGINAL BAL ORIGINAL BAL ORIGINAL BAL
CLASS A-1 CLASS A-2 CLASS A-3
------------------ ------------- -----------------
<S> <C> <C> <C> <C>
72,800,000.00 37,600,000.00 24,200,000.00
CLASS A-1 PRINCIPAL BALANCE (Beginning)................ 25,782,808.02 354.15945082
CLASS A-2 PRINCIPAL BALANCE (Beginning)................ 37,600,000.00 1000.00000000
CLASS A-3 PRINCIPAL BALANCE (Beginning)................ 24,200,000.00 1000.00000000
CLASS A-4 PRINCIPAL BALANCE (Beginning)................ 9,250,000.00
CLASS A-5 PRINCIPAL BALANCE (Beginning)................ 13,794,000.00
CLASS A-6 PRINCIPAL BALANCE (Beginning)................ 7,970,632.64
Fixed Rate POOL PRINCIPAL BALANCE (Beginning).......... 110,626,808.02 1519.59901126 2942.20234096 4571.35570331
Variable Rate POOL PRINCIPAL BALANCE (Beginning)....... 7,970,632.64
Total POOL PRINCIPAL BALANCE (Beginning)............... 118,597,440.66 1629.08572335 3154.18725160 4900.72068843
MORTGAGES:
NUMBER OF PRINCIPAL PREPAYMENTS........................ 78
PRINCIPAL BALANCE OF Fixed Rate MORTGAGES PREPAYING.... 2,981,223.75 40.95087569
PRINCIPAL BALANCE OF Var. Rate MORTGAGES PREPAYING..... 352,855.83
PRINCIPAL BALANCE OF MORTGAGES PREPAYING............... 3,334,079.58
AMOUNT OF Fixed Rate CURTAILMENTS RECEIVED............. 6,485.07 0.08908063
AMOUNT OF Variable Rate CURTAILMENTS RECEIVED.......... 0.00
TOTAL AMOUNT OF CURTAILMENTS RECEIVED.................. 6,485.07
AGGREGATE AMOUNT OF PRINCIPAL PORTION OF -MONTHLY
PAYMENTS RECEIVED--Fixed Rate Pool................... 142,715.57 1.96037871
MONTHLY PAYMENTS RECEIVED--Var. Rate Pool.............. 3,662.95
MONTHLY PAYMENTS RECEIVED--Total Pool.................. 146,378.52
ENDING CLASS A-1 PRINCIPAL BALANCE..................... 22,380,791.31 307.42845206
ENDING CLASS A-2 PRINCIPAL BALANCE..................... 37,600,000.00 1000.00000000
ENDING CLASS A-3 PRINCIPAL BALANCE..................... 24,200,000.00 1000.00000000
ENDING CLASS A-4 PRINCIPAL BALANCE..................... 9,250,000.00
ENDING CLASS A-5 PRINCIPAL BALANCE..................... 13,794,000.00
ENDING CLASS A-6 PRINCIPAL BALANCE..................... 7,614,113.86
Fixed Rate POOL PRINCIPAL BALANCE (Ending)............. 107,224,791.31 1472.86801250 2851.72317314 4430.77650041
Variable Rate POOL PRINCIPAL BALANCE (Ending).......... 7,614,113.86
Total POOL PRINCIPAL BALANCE (Ending).................. 114,838,905.17 1577.45748860 3054.22620133 4745.40930455
<CAPTION>
PER $1,000 PER $1,000
ORIGINAL BAL ORIGINAL BAL
CLASS A-4 CLASS A-5
-------------- -------------
<S> <C> <C>
9,250,000.00 13,794,000.00
CLASS A-1 PRINCIPAL BALANCE (Beginning)................
CLASS A-2 PRINCIPAL BALANCE (Beginning)................
CLASS A-3 PRINCIPAL BALANCE (Beginning)................
CLASS A-4 PRINCIPAL BALANCE (Beginning)................ 1000.00000000
CLASS A-5 PRINCIPAL BALANCE (Beginning)................ 1000.00000000
CLASS A-6 PRINCIPAL BALANCE (Beginning)................
Fixed Rate POOL PRINCIPAL BALANCE (Beginning).......... 11959.65492108 8019.92228650
Variable Rate POOL PRINCIPAL BALANCE (Beginning).......
Total POOL PRINCIPAL BALANCE (Beginning)............... 12821.34493622 8597.75559374
MORTGAGES:
NUMBER OF PRINCIPAL PREPAYMENTS........................
PRINCIPAL BALANCE OF Fixed Rate MORTGAGES PREPAYING....
PRINCIPAL BALANCE OF Var. Rate MORTGAGES PREPAYING.....
PRINCIPAL BALANCE OF MORTGAGES PREPAYING...............
AMOUNT OF Fixed Rate CURTAILMENTS RECEIVED.............
AMOUNT OF Variable Rate CURTAILMENTS RECEIVED..........
TOTAL AMOUNT OF CURTAILMENTS RECEIVED..................
AGGREGATE AMOUNT OF PRINCIPAL PORTION OF -MONTHLY
PAYMENTS RECEIVED--Fixed Rate Pool...................
MONTHLY PAYMENTS RECEIVED--Var. Rate Pool..............
MONTHLY PAYMENTS RECEIVED--Total Pool..................
ENDING CLASS A-1 PRINCIPAL BALANCE.....................
ENDING CLASS A-2 PRINCIPAL BALANCE.....................
ENDING CLASS A-3 PRINCIPAL BALANCE.....................
ENDING CLASS A-4 PRINCIPAL BALANCE..................... 1000.00000000
ENDING CLASS A-5 PRINCIPAL BALANCE..................... 1000.00000000
ENDING CLASS A-6 PRINCIPAL BALANCE.....................
Fixed Rate POOL PRINCIPAL BALANCE (Ending)............. 11591.86933081 7773.29210599
Variable Rate POOL PRINCIPAL BALANCE (Ending)..........
Total POOL PRINCIPAL BALANCE (Ending).................. 12415.01677514 8325.27948166
</TABLE>
