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What Does BK Stand For? Bankruptcy? Burger King?

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Does BK mean
What is BK? Bankers and other business professionals sometimes use the abbreviation BK to mean bankruptcy. In the financial or business arena, BK is referring to a bankruptcy. It can refer to a business or corporate bankruptcy and it can also be used to describe someone’s personal bankruptcy. Check the...
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Bankruptcy Law Professionals Video

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bankruptcy law professionals attorney lawyer
Bankruptcy Law Professionals has released this new video for your enjoyment. We hope the video captures our general message in a clear and concise manner. To recap some of the key messages in the video… 1. Debt can be an everyday drag on your life. It hovers over you until...
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Did You Know These Surprising Facts About Bankruptcy?

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The more you learn about bankruptcy, the better you can judge if it is the correct solution for you and your future. Bankruptcy is generally perceived as a negative activity in someone’s life which must be avoided at all costs. It is less likely to be seen as a helpful...
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How a Bankruptcy Lawyer Can Use Chapter 7 To Stop Foreclosure

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bankruptcy lawyer to stop foreclosure
Below is a presentation that describes the process of how Bankruptcy Law Professionals can utilize Chapter 7 bankruptcy as your bankruptcy lawyer to stop a foreclosure sale. A Chapter 7 bankruptcy will eliminate your unsecured debts and will also halt all collections activities. A foreclosure is considered a collection activity...
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A Closer Look At Chapter 7 Bankruptcy

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credit card debt, credit card
Chapter 7 bankruptcy is also sometimes known as “liquidation” bankruptcy. Most or all of your debts are cancelled and your non-exempt property is sold, or liquidated, to satisfy some of the debt you owe to creditors. Many people who file Chapter 7 bankruptcy do keep all of their property but...
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Ways To Reduce Credit Card Debt

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Just about everyone who possesses a credit card is looking for a way to tone down that debt, and for good reason. The average credit card debt at the end of 2016 was just under $6,000 per household, with some being more or less depending on a variety of factors....
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Paying Off Holiday Credit Card Debt

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debt, credit card debt
Using credit cards to make your holiday purchases may not be the wisest thing to do, yet on average, it adds nearly $1000 to the balance of many credit card holders. At an average interest rate of about 13.93%, that means you will pay an extra $350 for those purchases....
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Student Loans and Older Americans – Is This A Growing Demographic?

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student loans debt
When the term “student loan crisis” is brought up, the image that most often comes to mind is that of a young person who still has their best earning potential ahead of them. While many of those very people do indeed struggle with student loan debt, it now seems that...
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