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The video tutorial explains how to access bankruptcy records for free using the federal service called PACER. PACER allows users to obtain case and docket information from various US courts, including bankruptcy courts. To register, users need to select PACER case search only, fill out the required information, and provide a credit card (which will only be charged for more than 150 pages of records in a quarter). Once registered, users can access the records through the designated website.