We provide timely and complete bankruptcy information on new and ongoing business bankruptcies. BusinessBankruptcies.com is for anyone that wants or needs to be informed about new bankruptcies or track the progress of a bankruptcy. This includes:
Businesses: One of your vendors just filed for bankruptcy. If they are critical to your supply chain, keeping up with the status of the business through bankruptcy is essential to assuring your business won’t be disrupted. You may not get the most accurate or honest information from employees of a company in bankruptcy.
Creditors: One of your customers owes you money and is now in bankruptcy. It is essential to stay informed about the status and progress of the bankruptcy so you can maximize your recovery.
Investors or companies looking for distressed assets: Our new bankruptcy notification service, features like saved searches with new match notification and saved cases with docket update notification will keep you on top of the latest distressed asset acquisition opportunities.
We provide the most timely, complete and cost effective bankruptcy information solution available.
Our main URL, businessbankruptcies.com, reflects what we do:
For convenience, you can also access our service at busbk.com.
We believe that providing significant data and features to our free users allows potential customers to better understand what we provide and how our service can add value to a customers looking for distressed acquisition opportunities or affected by a business bankruptcy.
Our free service allows access to recent business bankruptcy filings, a significant portion of the bankruptcy data, and a feature rich case search interface.
Our cost-effective premium service provides:
We offer the following features:
All of our subscription plans include free access to the petition document for every case. Our single case plan allows access to the petition for the case that was purchased.
All plans include either daily or weekly new case emails. The new case emails are delivered each weekday morning (daily) or on Monday morings (weekly).
Our plans include the ability to save cases. In addition to making interesting cases easy to find again, we monitor the docket of saved cases daily and send out email notification of new docket entries every weekday morning.
All plans include the ability to save searches. In addition to making it easy to run searches again, for Standard, Pro and VIP plans we will automatically run saved searches every time we update our database with new cases and email you any cases that match your saved search.
To stay infomed about the progress of a case, you need to monitor the docket. You can save a case to receive docket update notifications each weekday (that a case shows new docket entries). However, sometimes it is helpful to be able to be able to update the docket and see the very latest entries without waiting until the next weekday morning. This is what on-demand docket updates are for. Each plan includes a specific number of on-demand docket updates that can be used each month.
Because others may also be monitoring the same cases as you, at any given time, the docket may have been updated recently by someone else. We limit the number of on-demand docket updates for each case to one per day. This is helpful so you don't use up your on-demand docket updates when you don't need to.
All plans include access to asset & liability data for cases, when it is available. The asset & liability data specifies a range for the estimated assets & liabilities of a company at the fime the bankruptcy petition is filed.
Note that involuntary cases will never have asset & liability data. For more about invloluntary cases and bankruptcy in general, see our creditors FAQ. Additinally, some cases will not include asset & liability data when that information is not provided in the petition or the petition is not available.
All plans include access to the list of case creditors.
VIP plans include the ability to export data, including search results, case data, and creditors lists.
Standard and Pro plans include the ability to export case data (including case details and docket, excluding creditors list).
We offer three subscription plans and a single case plan. See above for the full descriptions of the features.
Here is a quick summary of which plans have which features.
The starter plan includes the following features:
The Standard plan includes the following features
The Pro plan includes the following features
The VIP plan includes the following features
For any of the Standard, Pro, or VIP subscription plans, we offer an annual option at a 2-month discount; 12 months of subscription for 10 times the monthly subscription price.
The single case subscription is perfect for customers, like creditors, that are only interested in a single case. The single case subsription will allow you to follow a case single case for the life of the case. It includes the following:
BusinessBankruptcies was founded by business professionals and technologists looking for a better way to track business bankruptcy opportunities.
Our service stands head and shoulders above other bankruptcy information services:
PACER stands for Public Access to Court Electronic Records and is the system that provides online access to federal court records, including the appellate, bankruptcy, civil, and criminal courts.
The PACER system provides very poor search tools and does not have the ability to alert users when a new case matching a search appears, which makes it a very poor tool for business customers looking for continual up-to-date information on bankruptcy opportunities or who want to be alerted when a customer or vendor files for bankruptcy.
No. We provide access to all documents and data available in a bankruptcy.
The court docket is where most significant information about a bankruptcy can be found, and includes all documents filed with the court during the course of a bankruptcy and a lot of information about the progress of the bankruptcy.
Typical documents include the bankruptcy filing (petition), statements of financial condition and periodic financial statements, and court notices, orders, and motions.
This is the best place to find out information about a company in bankruptcy.
Chapter 7: Liquidation Under the Bankruptcy Code.
Chapter 9: Municipal Bankruptcy.
Chapter 11: Reorganization Under the Bankruptcy Code.
Chapter 12: Family Farmer Bankruptcy or Family Fisherman Bankruptcy.
Chapter 13: Individual Debt Adjustment.
Chapter 15: Ancillary and Other Cross-Border Cases.
Chapter 7 and Chapter 11 cases offer the most promise for acquisition opportunities.
For more information on the different bankruptcy chapters, select any case and click on the help (?) link next to the case chapter.
Debtors are required to file a detailed set of schedules (A-F) shortly after the bankruptcy petition is filed. These schedules will show the most complete view of the debtor's financials at the time the petition is filed. Look for these exhibits in the docket entries that come in the first month after the petition is filed.
While a debtor is in chapter 11 bankruptcy (and possibly chapter 7 as well) they typically file a monthly statement of financial affairs. This typically includes (for more sophisticated debtors) thinks like, a profit and loss statement, balance sheet, accounts receivable list, accounts payable list, and other detailed financial information.
Please use our customer service form.