1 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): March 29, 2000 AMRESCO CAPITAL TRUST (Exact name of Registrant as specified in its Charter) TEXAS 1-14029 75-2744858 (State or other jurisdiction of (Commission file number) (I.R.S. Employer incorporation or organization) Identification Number) 700 North Pearl Street, Suite 1900, Dallas, Texas 75201 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (214) 953-7700 Not applicable (Former name or former address, if changed since last report) 2 ITEM 5. OTHER EVENTS. On March 29, 2000, AMRESCO Capital Trust announced that it had entered into a Plan of Liquidation and Dissolution (the "Plan"). Implementation of the Plan is contingent upon shareholder approval. The Plan and the press release relating thereto are attached hereto as Exhibits 2.1 and 99.1, respectively. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. 2.1 Plan of Liquidation and Dissolution, dated March 29, 2000 99.1 Press Release, dated March 29, 2000 3 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. Date: March 29, 2000 AMRESCO CAPITAL TRUST By: /s/ Michael L. McCoy Michael L. McCoy Senior Vice President, General Counsel and Secretary 4 INDEX TO EXHIBITS EXHIBIT PAGE - ------- ---- [S] [C] [C] 2.1 Plan of Liquidation and Dissolution, dated March 29, 2000 99.1 Press Release, dated March 29, 2000