How to Find Out If Someone Has Filed Bankruptcy

staff writer
How to Find Out If Someone Has Filed Bankruptcy

Having filed for bankruptcy has long-term financial and legal consequences for a person or company’s existence.  It forms part of his credentials, a public record which is suggestive whether you can still be trusted in terms of being extended credit or not.  It is not hard to find someone filing for bankruptcy nowadays considering the global financial crisis that is being experienced in almost all regions.  It has gained importance that you know how to find out if someone has filed bankruptcy if you plan to extend credit or engage in business with a particular person or company.  Insurance companies, aside from banks and financial institutions, verify records on this too.  Here are some suggestions:

  1. Search courtrecords.org online.  This is one of the most recognized and trusted records providers in the country which allows you to privately investigate anyone. You need to know the person’s Social Security number, tax ID, or case number as an easy reference point.  Every time a case is brought to any United States court, a unique court record is created.  All the pertinent details are recorded such as the names, age, birthdates, maiden names of married women, aliases if any, and addresses of the plaintiff, defendant, and attorneys involved in the case. So with the case’s final judgment, which is the most important information here, access to court records is your right for whatever legal purpose you intend to use it.  Credibility of the reports is important so as not to make a wrong judgment.  So don’t rely on other Websites that provide similar information.  You can find many of these on the Internet.

  2. Contact the court.  You can just directly call the local federal or state court, and they can readily give you information on whether a person has filed bankruptcy and the details of the case. You can search for their contact details through a court locator map or search page.  Everything now can be accessed right at your fingertips, and it is all up to you to be creative on how you can gather the information pertaining to a person or entity which might be useful for you to assess a particular individual or company.  This is one of the services a local court can provide, but be ready to give information for them to save time on locating records.

  3. Search the credit report.  A credit report contains information such as where you live, how you pay your bills, whether you have been sued or arrested, or whether you have filed for bankruptcy.  Although this is not a public record, it stays for seven to ten years on a person’s credit history.  The Fair Credit Reporting Act, or FCRA, requires each of the nationwide consumer reporting companies, namely Equifax, Experian, and TransUnion allow you to have free access to a credit report every 12 months.  The FCRA promotes the accuracy and privacy of information in the files of the country’s consumer reporting companies mentioned here.

How to find out if someone has filed bankruptcy is not hard to do these days.  All you need is a little effort, and you can even access it for free.  Finding out if a person is worth your trust and a decision on whether you should take the risk is easy to determine.  Insurance companies, banks, and other credit facilities rigidly look for information from any of the above ways before granting credit, so it is very important that you keep a good record and avoid filing bankruptcy as much as possible to avoid negative records.

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