How to Find Bankruptcy Records in Virginia?If any individual or company files for bankruptcy in Virginia, you can gain access to the court files. Known as bankruptcy records Virginia, they are financial documents you can go through, to understand why the person or the firm took this step.
According to the Virginia Freedom of Information Act, any person can place a request for public records. As per the law, you don’t have to state a reason for why you want to access these documents. In this state, there aren’t any restrictions in place which control how you can use these files. Also, the custodian of the documents must respond to a request within five business days.
However, there are restrictions on accessing these files in the state for incarcerated felons. Since the Virginia bankruptcy records are also public documents, you can search for them. The first thing you need to know is the custodians who are in charge of these files.
Who maintains Virginia public bankruptcy records?
In every state, it is the job of the federal bankruptcy court to maintain and make these documents available to the public. The reason is that any individual or company that has to file for bankruptcy must get in touch with these judicial institutions.
In this state, two federal bankruptcy courts act as custodians:
· Virginia Eastern Bankruptcy Court
· Virginia Western Bankruptcy Court
How to search Virginia bankruptcy public records?
One way you can get your hands on bankruptcy records in Virginia is to use the federal court’s electronic filing system. Known as Public Access to Court Electronic Records or PACER in short, this platform contains all the docket and case information from every bankruptcy court.
While it is free to create an account on PACER, this platform charges a fee of $.10 for every page of the Virginia bankruptcy public records you view. However, this service places a cap of $3.00 or 30 pages as the cost to access one Virginia public bankruptcy records.
The latest ruling by the Judicial Conference focuses on bringing down the cost to access these documents. As per the law, any user whose quarterly usage doesn’t exceed $30 can waive off the fees.
If you are looking for another way to access the bankruptcy records in Virginia, approaching a third party background checker will be of immense help. They will search to give you all the information you need on Virginia bankruptcy records. These companies will go through large databases, to ensure the data they provide meets your expectations. However, for using their services, they will charge you a fee, which varies from vendor to vendor.
What is available in the Virginia public bankruptcy records?
These documents contain comprehensive financial information about the individual. For example, you can learn about the gross revenue of the person, along with his/her sources of income. There will be a list of creditors, their addresses, and the amount owed to them by the individual. You can learn about the different types of assets under the possession of the person. It also informs you about the type of bankruptcy filed by the individual.