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Tag Archives: bk

What Does BK Stand For? Bankruptcy? Burger King?

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 context in which the letters Continue Reading

Home Equity on the Rise in Orange County and Inland Empire! What does it mean for you?

It is great to see the real estate values of Orange County rise up 20 to 30% in the past year for our homeowners. Although this is great news, some homeowners will not be able to access the equity in their homes due to credit or debt issues. So, as your home value increases, you Continue Reading

HARP Loan Modification and Bankruptcy

If you are working through a HARP or HARP 2.0 loan modification application, you will need to continue to keep an eye on any assigned sale date on your home. If you are facing foreclosure and looking to a HARP loan modification or any other type of loan modification to get your home out of Continue Reading