Attorneys

Alaska Foreclosure FAQs

• Q: Does Alaska Law Allow for a Redemption Period After a Foreclosure?
  A: Sometimes. There is no statutory right to redemption in Alaska. However, an individual loan agreement may allow a borrower a set amount of time to regain … More
• Q: Where and When do Foreclosure Sales Take Place in Alaska?
  A: In Alaska, a foreclosure sale takes place at the courthouse in the judicial district where the property is located. The date and time of the sale may be set by … More
• Q: What Public Notice Requirements Are There for a Real Estate Foreclosure in Alaska?
  A: In a non-judicial foreclosure in the state of Alaska, a Notice of Default must be recorded in the public office where land records are recorded for the property being … More
• Q: Can a Lender Sue a Borrower for a Deficiency Judgment if the Lender is Still Owed Money After a Foreclosure Sale in Alaska?
  A: If a lender pursues a foreclosure sale through the non judiciary foreclosure process then the lender has no right to sue the borrower for a deficiency judgment if the … More
• Q: How Can a Lender Foreclose on a Property in Alaska?
  A: The loan documents determine how a property may be foreclosed in Alaska. In the absence of a power of sale clause, a lender must sue a borrower in court in order to … More
• Q: How Long Does the Typical Foreclosure Process Take in Alaska?
  A: In a simple, uncontested foreclosure that takes place outside of the court system a lender can typically complete the foreclosure process in about 90 … More
• Q: Can I Keep My Home If I File Bankruptcy in Alaska?
  A: As in other states, a homeowner may be able to keep his or her home if all payments have been made on time, if the bankruptcy court approves of the arrangement as … More

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