When you think about a bankruptcy database, one that is used by the federal courts is known as PACER which can be accessed through the Internet though only after paying a fee for such access. Such a database is especially important to attorneys that need to file their clients bankruptcy cases online and also because when there is greater number of filings, courts allows attorneys to use online means for filing for bankruptcy on behalf of their clients.
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.
There are other bankruptcy databases besides PACER. Many companies have their own personal databases, which consumers can use who need to file bankruptcy. These databases can not only be used for information on consumer bankruptcies but also information related to business bankruptcy filings as well as dismissals and discharges under various bankruptcy chapters including Chapter 7, Chapter 11, and Chapter 13.
How to Use a Bankruptcy Database
When using these databases, search parameters such as county, state, city and the first three digits of zip codes can be entered to obtain information regarding individuals and businesses whom have filed bankruptcy. These databases can also provide information according to a particular date such as the date of the bankruptcy filing, discharge date, dismissal date and date of first 341 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 and in this regard remember that chapter eleven deals only with businesses while chapter thirteen is meant for individuals only, and even the majority of chapter sevens are for individuals as well.
Whats more, the bankruptcy database also holds all the relevant information regarding amounts related to assets and liabilities though not every bankruptcy database will hold such information.
Another piece of information contained in some bankruptcy databases are PO box numbers and house addresses of those who have filed bankruptcy. This information can be used as a device to narrow a search of a particular individual or business. Bankruptcy databases contain a wealth of information and can be a valuable tool for those seeking information on a particular bankruptcy filing or those looking to file bankruptcy themselves.
