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.
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
Bankruptcy databases give you tools that allow you to make queries to their database. You will find that you can search by state, city and even using the first few 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.
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.
Finally, the bankruptcy database will also contain the house addresses and within this you can filter out addresses with regard to certain apartment numbers, PO Boxes as well as those addresses that have number signs in them.
This has been a quick overview of what you can expect from some of the major bankruptcy databases. As I'm sure is clear by now these databases hold a lot of information that can be very useful to the right people.
The facts on Bankruptcy Filings Database originated out of this article.
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