Saturday, December 26, 2015

Ala Modifies Provisions Regarding Redemptions

Foreclosures after January 1st. , if the property was homesteaded, will only have a 6 month right of redemption.

Alabama Modifies Provisions Regarding Redemptions

Posted:
4/24/2015


The state of Alabama modified its provisions relating to the redemption of certain real property foreclosed on under a mortgage or sold by virtue of a judgment as well as reducing the redemption period. These provisions are effective on January 1, 2016.

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