BKR in Legal Meaning
The BKR meaning in Legal terms is "Bankruptcy". There are 1 related meanings of the BKR Legal abbreviation.
BKR on Legal Full Forms
- Bankruptcy The legal process that a person or firm goes through if they are unable to pay their debts. The process seeks an orderly sharing of the losses by creditors and a chance to start fresh, usually after some delay, for the debtor. No such process exists for national governments or countries, exacerbating the problems of debt crisis and financial crisis.
Frequently Asked Questions (FAQ)
What does BKR stand for Legal?
BKR stands for Bankruptcy in Legal terms.
What is the shortened form of Bankruptcy in Legal?
The short form of "Bankruptcy" is BKR for Legal.
Citation
BKR in Legal. Acronym24.com. (2020, October 26). Retrieved June 18, 2024 from https://acronym24.com/bkr-meaning-in-legal/
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