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  • Prerequisites
  • Learn the monitoring lifecycle
  • Monitor bankruptcies
Monitor business activity

Monitor bankruptcies

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This guide describes how to monitor a business for new bankruptcy filings with subscribed businesses on Middesk’s Identity Platform.

Bankruptcy Monitoring helps you stay informed when a monitored business enters bankruptcy. When a new bankruptcy is detected, Middesk updates the business record and sends a bankruptcy.created webhook event.

Middesk offers Bankruptcy Monitoring when a business has SOS registrations. If Middesk can’t tie a business to registrations, the bankruptcy monitor may be unavailable for that business.

Prerequisites

Before you begin:

  • Ensure that you can authenticate against the Middesk API, create businesses, and ingest Middesk results with webhooks

Learn the monitoring lifecycle

Here’s the typical lifecycle of monitoring for bankruptcies:

  1. A business gets created with the POST /businesses endpoint.
  1. The business is subscribed to Bankruptcy monitoring (using the bankruptcy event type).
  2. Middesk monitors the business for new bankruptcy filings.
  3. Middesk sends a webhook event to registered webhook endpoint(s) when it detects a new bankruptcy (bankruptcy.created).
  4. The client application ingests and evaluates the change in the business record.

For a full list of webhook events, see Webhook events. For details on the bankruptcy data model, see the Bankruptcy object.

Monitor bankruptcies

1

Submit a business

Start by submitting a business for verification.

Bankruptcy monitoring works best when Middesk can identify SOS registrations for the business.
2

Subscribe a business

You can enable monitoring on Middesk businesses using four different strategies.

With an automatic monitoring subscription
With a policy action
With the API
With the Dashboard

Automatically subscribe all businesses when a business verification order completes.

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