The Administrative Office of the U.S. Courts recently announced that subscriptions to its Public Access to Court Electronic Records (PACER) system just topped the one-million mark on July 31, 2009. This marks the number of subscribers tallied since 1991, meaning it's taken 18 years for the system to reach such heights.

PACER allows lawyers, companies, creditors or any interested party to access court documents online for $.08 per page, including court case and docket information for 90 bankruptcy courts, all 94 district courts and 13 appellate courts. The system contains private access to 500 million documents, all of which are immediately available after they've been electronically filed.

For creditors mired in a bankruptcy case, the PACER system can offer quick, convenient and comparatively cheap access to court documents, which could wind up saving companies a lot of money by keeping them abreast of any debtor filings and motions.

To learn more about the PACER system, visit their website here.