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.
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.
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.
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.
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.
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.
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.
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 facts on Bankruptcy Filings Database originated out of this article linked to here.