Interpreting "BKR" in the Credit Report

BKR can stand for any of the following:

• "bankruptcy"
• "charged off as bad debt"
• "repossession of a car"
• "short sale"
• "collections"

Typically a true bankruptcy will be noted as a public record on the credit report.

BKR is displayed when the account was closed with an unpaid balance by the creditor. This account might have been sold to a collection agency.