BKR in Mortgage Meaning
The BKR meaning in Mortgage terms is "Bankruptcy". There are 1 related meanings of the BKR Mortgage abbreviation.
BKR on Mortgage 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 Mortgage?
BKR stands for Bankruptcy in Mortgage terms.
What is the shortened form of Bankruptcy in Mortgage?
The short form of "Bankruptcy" is BKR for Mortgage.
Citation
BKR in Mortgage. Acronym24.com. (2020, October 26). Retrieved June 2, 2024 from https://acronym24.com/bkr-meaning-in-mortgage/
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