How To Search A Bankruptcy Database On The Net
December 11, 2009 by Edward Snow
Filed under Investing
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.
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.
The Pacer database cannot be accessed by the general public. Anyone seeking to access information held within it must first go through their 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.
Using different search queries with 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.
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.
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 Facts About Bankruptcy such as those you’ve just read are waiting to be read at the link here.