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.
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.
The Pacer database cannot be accessed by the general public. Anyone seeking to access information held within it must first go through their attorney.
Nevertheless the public can make use of the bankruptcy databases that other companies have assembled. The general public can use these databases to help with their bankruptcy filings and to do research on businesses and more.
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.
Also locating data according to specific dates is also normally an option. So you can search by filing date, dismissal date and or discharge date. Often it is even possible to search by date of first meeting.
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.
Some of the more complete bankruptcy databases will also include details such as the amount relating to assets and liabilities for each case.
It might surprise you to know but these bankruptcy databases can often show you actual physical addresses as well and give you the options to be able to filter out house addresses, PO boxes etc, etc.
Whether it be the Pacer bankruptcy database or one of the many others around, there is a lot of information to be research should you need to make use of their services.
Additional Bankruptcy Facts such as the ones you’ve just read are waiting to be read on our blog.
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