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Friday, December 11, 2009

How To Research A Bankruptcy Database Online

By Jamie Wild

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.

It is important to realize however that the Pacer bankruptcy database is not accessible to any debtor and anyone seeking access must go through an attorney.

Another option available is to use one of the many independent bankruptcy databases that have been built up by many companies, these databases can be very useful when wanting information regarding a company you're thinking of dealing with or when you have two file for bankruptcy.

Searching 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.

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 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.

What's more, the bankruptcy database also can hold all the relevant information regarding amounts related to assets and liabilities though not every bankruptcy database will hold such information.

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. - 23208

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