SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 7, 1997
JAYHAWK ACCEPTANCE CORPORATION
(Exact name of registrant as specified in its charter)
TEXAS 0-26410 75-2486444
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
TWO GALLERIA TOWER
13455 NOEL ROAD
SUITE 1800
DALLAS, TX 74240
(Address of principal executive offices) (ZIP Code)
Registrant's telephone number, including area code: (972) 663-1000
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ITEM 3. BANKRUPTCY OR RECEIVERSHIP
On February 7, 1997, Jayhawk Acceptance Corporation (the "Company") filed
a voluntary petition for reorganization under Chapter 11 of the United States
Bankruptcy Code in the United States Bankruptcy Court for the Northern
District of Texas, Dallas Division, Case No. 397-31261-SAF-11, assigned to
Judge Steven A. Felsenthal.
ITEM 5. OTHER EVENTS
On February 10, 1997, the Company announced that Carl H. Westcott had
been elected Chairman of the Board and Chief Executive Officer of the Company.
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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 by the
undersigned hereunto duly authorized.
JAYHAWK ACCEPTANCE CORPORATION
Date: February 13, 1997 By:/s/ C. Fred Jackson
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C. Fred Jackson, Senior Vice President
and Chief Financial Officer
