The most important and used bankruptcy database is the Pacer database used by the federal courts, this database is accessible online for a fee and is particularly of importance to attorneys throughout America who need to file their clients bankruptcy cases online.
Attorneys are very often allowed to file their client’s bankruptcy directly online during times when a lot of cases are being filed and processing times are way up.
It is important to realize however that the Pacer bankruptcy database is not accessible to any debtor and anyone seeking access must go through an attorney.
There are however, many companies that have their own bankruptcy databases which help consumers who need to file for bankruptcy and who need to use such bankruptcy databases to find information related to business etc.
Searching bankruptcy databases
When using bankruptcy databases you will find that you have a number of search options available to you, the first will probably be by location including state, city and zip code.
In addition, you may want to locate information according to date such as filing dates, discharge date, dismissal date and even date of first meeting of which a 341 meeting is a good example.
Then of course you may want to try a search by the type of bankruptcy filed. So you can easily search for bankruptcies that were filed under chapter-, 11 and or 7. In addition you may want to even try a combination.
Just for those who are unclear on this, Chapter 11 is only businesses and you will find that chapter 7 is mostly for businesses too where as chapter- on the other hand is only really for individuals.
In some cases you may even come across a bankruptcy database that provides information such as the amount of assets and or liabilities that the person or entity in question has.
Finally, the bankruptcy database will also contain the house addresses and within this you can filter out addresses with regard to certain apartment numbers, PO Boxes as well as those addresses that have number signs in them.
This has been a quick overview of what you can expect from some of the major bankruptcy databases. As I’m sure is clear by now these databases hold a lot of information that can be very useful to the right people.
More Bankruptcy Facts such as those you’ve just read are waiting to be read at the link here.
