United States Bankruptcies – Bankruptcy Data Source

Cases of bankruptcy are not new here in the United States. Many companies and organizations have faced bankruptcy in the country from time to time. Innumerable court cases have run regarding the cases. While some companies have been able to recover from the stage of bankruptcy and returned to normal business, some companies are lost into oblivion due to bankruptcy. All bankruptcy records need to be stored properly so that the data can be utilized later for some purpose or the other. What is new is the amount of data now available at hand on bankruptcy filings, and applicant companies.

Understanding trend of bankruptcy in United States

Studying bankruptcy leads help in understanding the trends of bankruptcy in United States quite clearly. For instance, from 1980-2016 United States bankruptcies averaged at 47014.02 companies. It was in the fourth quarter of 1987 that bankruptcy in companies reached all time high of 82446 companies in the United States. The reasons behind the bankruptcies are varied. While some seem really authentic, some declared the organization to be bankrupt to save their backs.

The need of an effective database for bankruptcy cases

Having a bankruptcy database is very important as it will contain all the details and data of the organizations or companies that have filed for bankruptcy. All kinds of bankruptcy data will be there in the database from the name of the company, the filing dates of bankruptcy, discharges report, dismissal reports, Chapter 13 case, and Chapter 7 case and so on. Other than these facts, other relevant information regarding the bankruptcy case is also found in the database. If anyone wants to find true and reliable bankruptcy statistics, it is always recommended to look for a good database that enlists bankruptcy cases efficiently.

Finding an authentic database for bankruptcy cases United States

BEB Data is an organization that creates bankruptcy list compilation and database of companies that faced bankruptcy in United States. The company has a database of 20 million such cases and has all the data regarding the case organized in a very systematic manner. Any data regarding bankruptcy cases in the United States are available with the organization.

Why are Bankruptcy Details Required?

There may be many reasons why anyone would be interested in finding out if an individual or a business firm has filed bankruptcy. Bankruptcy lists and records help a person to make financial decisions of potential business partners, businesses, insurance companies, financial institutions, banks, and individuals seeking loan.

How To Find Bankruptcy Records – Searching for Bankruptcy Records

Bankruptcy hearings are processed in Federal Courts and the case records are accessible by the public. Some of the ways to access the records are:

Bankruptcy Voice Case Information Systems (VCIS)

Getting bankruptcy statistics from case records can be simple but time consuming,  gathering all the information necessary may become a tedious task. For any information on bankruptcy cases, one can to call the automated VCIS number of the bankruptcy court and run a search by either social security number, complete name or case number. The automated system reads out the information about the required case. The VCIS is available 24-hours a day. To gather many records it may be simpler to use a Bankrupcty List.

PACER

One can also get a PACER account. The Public Access to Court Electronic Records (PACER) is the electronic access of the Federal Judiciary’s centralized registration, technical and billing support to the US District, Bankruptcy and Appellate court records. The user can either view or print the case documents online.

Case Information in Person

The divisional office of each bankruptcy court has public access terminals which allow the public to view bankruptcy records.

Certified Copies of Bankruptcy documents

Certified copies of bankruptcy case records can be obtained either in person or by mail from the divisional office where the bankruptcy case was filed. In order to do so, the user needs to have the bankruptcy case number and also the docket number of the document which is to be certified.

BEBData, has core competency in bankruptcy data compilation. Our bankruptcy database, which holds over 20 million bankruptcy records, has accurate and up-to-date bankruptcy records collected daily from courthouses nationwide for effective utilization of the records for various intelligence purposes. So one no longer has to figure out how to find bankruptcy records, BEBData has years of experience compiling bankruptcy data. Our expertise and reliable data allows for highly responsive bankruptcy leads. The required specialization and knowledge in bankruptcy data compilation has made us the trusted partners of individuals and a wide range of industries including automobiles and financial marketing firms.

Where Can You Find the Most Accurate Bankruptcy Data

Bankruptcy is usually initiated by the debtor and imposed by a bankruptcy court order. It serves to inform creditors of financial restructuring to avoid total loss for creditors. Filing bankruptcy helps these people to make a fresh start either by liquidating their assets to repay debts or by the creation of a new repayment plan.

The bankruptcy records, which are maintained, are also available for the public. These records give you accurate financial history about any person that you are interested. The information is also easy to obtain and easy to access.

There are many ways in which you can obtain the bankruptcy statistics of a bankruptcy case:

Case Information in Person

Bankruptcy records are available for public viewing in every Bankruptcy Court divisional office with the help of the public access terminals.

Case information through Phone

You can also avail information about any case through the court’s toll free automated Voice Case Information System (VCIS) which is available 24 hours a day. You will need the case number, complete name or a social security number to get details about the case.

Online Case Information

The electronic public access service, Public Access to Court Electronic Records (PACER), gives access about the case and docket information to any user with internet connections and a PACER account. You can print copies of the record that you want, download it or search information related to your case. A fee will be charged for each page that you access and view. To use the PACER services you need to register yourself first at its website http://www.pacer.gov.

Archived Case Information

Cases which have been closed for a year or more are transferred to the National Archives and Records Administration (NARA). In case you require any case information or copies of documents from the bankruptcy list, you will need the Transfer Number, Box Number and Location Number. These details will have to be obtained from the office of the clerk where the bankruptcy case had been filed. Archived case information can be obtained in person, over phone or by writing to the Records Department where the case was filed.

With over 20 million bankruptcy records in our Bankruptcy database, BEBData, the leaders in bankruptcy data compilation, have the expertise to offer you a range of information on various cases from filing dates, discharges and dismissals to bankruptcy leads.