Associated Press 08.09.07, 1:38 PM ET
WASHINGTON - Credit-card companies target people fresh out of bankruptcy with credit offers, a finding that raises questions about the industry's efforts to paint bankruptcy filers as "untrustworthy deadbeats," according to a recent study.
The study by Katherine Porter, an associate professor of law at the University of Iowa, found that nearly 100 percent of more than 300 families surveyed had been offered new credit cards within a year after completing Chapter 7 bankruptcy proceedings.
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Message Edited by masdeocho on
09-06-2007 01:16 PM
