How to find them

Bankruptcy – current state The American Bankruptcy Institute

reported 1.4 million consumer bankruptcy filings in 2009.

Bankruptcy

Bankruptcy is a state in which a person is unable to pay creditors and is required to undergo a legal process that usually results in liquidation of his/her estate in order to meet expenses (at least in part).

The bankruptcy system allows a fresh start, hopefully with a more cautious attitude about spending and credit.

Information Contained in Bankruptcy Records The bankruptcy petition which lists the

names of the creditors, the debtor, the trustee, the attorneys and the judges

The amount of money involved in the bankruptcy suit, the nature of the suit, and the reason for the proceedings

Information Contained in Bankruptcy Records A chronology of events and the kind of

documents submitted final verdict or the status of the case other relevant information that can be

useful to a person

How do Public Bankruptcy Records Help? Assessing the Financial Strength Assessing the Financial Position of a

Consumer

Assessing the Financial Strength of a Company(1)

Bankruptcy records of a company should be examined to decide if it is worth investing in the company

When large companies go bankrupt, they make the headlines, however, most people are unaware of the financial position of small companies

Investing in a company that has filed for bankruptcy protection is not a sensible idea

Assessing the Financial Strength of a Company(2)

Even if the company has filed for bankruptcy under Chapter 11, it is possible that the restructuring plan may not work.

In case the company has filed under Chapter 7, liquidation of assets takes place and the company pays its creditors before paying the investor.

Assessing the Financial Position of a Consumer(1)

Bankruptcy files are useful from the perspective of establishing personal relations

Bankruptcy can remain on a person's record for a long time. In case bankruptcy is filed under Chapter 7, it remains on the credit report for 10 years

Assessing the Financial Position of a Consumer(2)

Filing under Chapter 13 remains on record for a period of 7 years from the date of repayment of debt.

Bankruptcy has a negative impact on a person's ability to borrow money. In fact his credit scores can fall by as much as 250 points. 

In case of doubt, it might be advisable to do bankruptcy lookup for a person.

How to Obtain Bankruptcy Public Records? The process of obtaining bankruptcy

records does not have to be a painful one.

There are numerous cost effective ways of retrieving the necessary information.

In fact, most of the bankruptcy court records are available online.

How to Obtain Bankruptcy Public Records?• Bankruptcy search could not be any easier,

but some people do not know how to do it and actually pay money for this information.

• All one has to do to get bankruptcy case is to visit bankruptcy records online and run a search by either case number, name or social security number.

• The automated system will then read off information about the case. Some courts have all of this information available online, as well.

Online Bankruptcy Public Records Identify bankruptcy filings

electronically They help you automatically discover,

monitor, and manage changes in bankruptcy case information.

It searches comprehensive nationwide bankruptcy databases to quickly identify new filings, as well as recently deceased individuals.

Online Bankruptcy Public Records Improve recovery rates They minimize unnecessary operational

expenses and helps you focus your efforts on the most collectible accounts in your portfolio.

They are fully customizable to meet your unique data and delivery needs.

The Best Online Bankruptcy Public Records

bankruptcyrecordssearch.com usbankruptcyrecords.com