There are a number of bankruptcy databases available. However the most important is the Pacer bankruptcy database which is the one that is used by the federal courts. Access to this database can be made via the Internet after paying a fee. Attorneys use this database every day in order to file client’s bankruptcies.
You see quite often when courts find themselves overrun with a lot of bankruptcy filings to process they will allow attorneys dealing with their clients bankruptcies to make use of online means in order to complete their clients bankruptcy filing.
However, this bankruptcy database is not accessible directly to debtors who must thus engage an attorney if they want to find information through this means.
Another option available is to use one of the many independent bankruptcy databases that have been built up by many companies, these databases can be very useful when wanting information regarding a company you’re thinking of dealing with or when you have two file for bankruptcy.
Searching bankruptcy databases
Bankruptcy databases give you tools that allow you to make queries to their database. You will find that you can search by state, city and even using the first few digits of zip codes.
Another way of searching for data that is normally presented to you is by date, this can include the filing date, data of first meeting, the dismissal date and of course the discharge date.
It is also possible to search the bankruptcy database according to type such as chapter seven or chapter eleven dismissal or even a combination that you may opt for, and the bankruptcy database is also able to furnish information regarding individuals as well as businesses
Just as a side note here, remember that Chapter 11 is only for businesses while chapter- is only really for individuals and that also chapter 7 is mostly for businesses as well.
Some of the more complete bankruptcy databases will also include details such as the amount relating to assets and liabilities for each case.
You can also expect to find house addresses, apartment numbers, PO boxes etc. You should also be able to filter through this information.
Thus, as you can see, each different bankruptcy database has a lot of information that it contains and which can be accessed entirely or according to specific needs and it will prove to be very helpful under different situations.
The info on Bankruptcy Databases came from the article linked to here.
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