CHECK for bankruptcies to determine the likelihood or legality of repayment of a debt. DETERMINE the filing status, filing type, debtors and liabilities. PREVENT legal recourse resulting from violating a stay.
When should I use a Bankruptcy search?
A Bankruptcy search is very important when determining the actual status of an individual's assets and/or court proceedings. Contacting a debtor who has filed bankruptcy resulting in an automatic stay could get you into legal trouble. This offense against the bankruptcy code, 11 U.S.C. Section 101-1330, is often punishable by a fine. The information returned from the search can be used to request a Bankruptcy report. This report is beneficial when determining the bankruptcy estate, claims, discharges, unscheduled debts and overall equity. Unscheduled debts may still be collectable even when an automatic stay has been issued. This search is also great for prescreening or as supplimental data to a credit report.How do I search effectively?
- Use only last name to get the best results
- Try last name, first name and state as a secondary search for additional results
- Enter additional information like house number, street name and city when too many results are returned
- Only enter a social security number as a last resort to narrow search results
How do I request a Bankruptcy report?
- Request a Bankruptcy Search and click an individual result for the complete Bankruptcy report
- Request a People Search and click the bankruptcy indicator
to request a Bankruptcy report
What sources are searched?
- U.S. Bankruptcy Court Dockets
What information is returned?
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How do I Setup?
- Go to My Account
- Select Access Codes
- Select the applicable Access Code
- Check Additional Data Sources
- Check Bankruptcy Search
- Click Save
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