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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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):
March 13, 1997
EquiVantage Acceptance Corp.
on behalf of EquiVantage Home Equity Loan Trust 1997-1
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(Exact Name of Registrant as Specified in its Charter)
Delaware 333-23141 76-0448074
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(State of Incorporation) (Commission File Number) (I.R.S. Employer
Identification No.)
1311 Northwest Freeway 77040
Suite 301 ----------
Houston, Texas (Zip Code)
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(Address of Principal
Executive Offices)
Registrant's telephone number, including area code: (713) 895-1957
No Change
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(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events.(1)
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Attached as Exhibit 99.1 to this Current Report are certain materials
(the "Computational Materials") furnished to the Registrant by Prudential
Securities Incorporated, as representative of the several underwriters
(collectively, the "Underwriters"), in respect of EquiVantage Home Equity
Loan Trust 1997-1 Home Equity Loan Asset-Backed Certificates, Series 1997-1,
Class A-1, Class A-2, Class A-3, Class A-4 and Class A-5 (the
"Certificates"). The Certificates will be offered pursuant to a Prospectus
dated March 12, 1997, as supplemented by a Prospectus Supplement
(the Prospectus Supplement and the Prospectus are collectively referred to
herein as the "Prospectus"), to be filed with the Commission pursuant to
Rule 424(b)(2) under the Securities Act of 1933, as amended (the "Act").
The Certificates have been registered pursuant to the Act under a
Registration Statement on Form-S-3 (File No. 333-23141) (the "Registration
Statement").
The Computational Materials were prepared solely by the Underwriters,
and the Registrant did not prepare or participate (other than providing to
the Underwriters the background information concerning the underlying pool of
assets upon which the Computational Materials are based) 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.
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(1) Capitalized terms used but not otherwise defined herein shall have the
meanings ascribed to such terms in the Prospectus.
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Item 7. Financial Statements: PRO FORMA Financial Information and Exhibits.
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(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
99.1 Computational Materials
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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.
EQUIVANTAGE ACCEPTANCE CORP.
By: /s/ John E. Smith
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John E. Smith
President
Dated: March 17, 1997
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Exhibit Index
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Exhibit
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99.1 Computational Materials of the Underwriters*
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* Filed under cover of Form SE pursuant to a Hardship Exemption
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