The revenue banks get from interchange fees helps to offset money lost from fraudulent transactions.

The number of businesses filing bankruptcy has increased significantly over the past few years. But how does a company exiting Chapter 11 bankruptcy become truly viable? Let’s take a look at a few post-bankruptcy survival tips for businesses:

As it stands, a full 62 percent of all bankruptcy filings in this country are caused by medical bills.

In a recent reversal of a bankruptcy judge’s decision on what he defined as “fraudulent transfers” the bankruptcy court found that judge was in error.

The true face of bankruptcy is NOT the former millionaire turned fraudster or slickster, it is the ordinary people in our society who have run into a bit of bad luck and misfortune.

In a recent Chapter 11 bankruptcy filing here in Texas a debtor’s bankruptcy discharge was challenged after the debtor failed to list a creditor on their bankruptcy petition.

The effect of the discharge is not to extinguish the debt, but rather to release the debtor from personal liability. Hall v. National Gypsum Co., 105 F.3d 225 (5th Cir. 1997).

The Federal Reserve is coming under fire after it proposed that credit card companies consider individual income and not household income when deciding whether they will issue a credit card.

Even car buyers with tarnished credit histories are getting financing, in some cases without making a down payment. More than 859,000 new cars were sold to consumers with a so-called subprime credit rating in 2010, a nearly 60 percent increase from the year before, according to CNW Marketing Research.

Post-bankruptcy debtors must realize that dealing with the credit card industry is much like a game of musical chairs. Just when you think you got it all covered, the music stops or suddenly changes.