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Does Alaska Law Allow for a Redemption Period After a Foreclosure?

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 ownership of the property if the borrower pays the full loan amount and all related costs.

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This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified foreclosure and alternatives lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local foreclosure and alternatives attorney to discuss your specific legal situation.

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