When do you think about a bankruptcy database? The one that is used by the federal courts is known as PACER which can be accessed through the Internet only after paying a fee for such access. This database is especially important to attorneys since they need it to file their client's bankruptcy cases online.
It is also important because when there is greater number of filings, courts allows attorneys to use online means for filing for bankruptcy on behalf of their clients.
The Pacer database cannot be accessed by the general public. Anyone seeking to access information held within it must first go through their attorney.
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.
Search According To Different Parameters
If you are looking to use these kinds of bankruptcy databases, you can enter certain parameters for your search which can include according to region which will throw up information according to county, state, city and even three first 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.
Searching by the type of bankruptcy i.e. chapter-, Chapter 11 or chapter 7 may also be beneficial to you, you could also try out a combination of these to see if that gave you more relevant data.
Remember here that chapter eleven deals only with businesses while chapter thirteen is meant for individuals only, and even the majority of chapter seven's are for individuals as well.
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.
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.
This info about Bankruptcy Databases originated from this here article.
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