An Alaska Order Authorizing Single Transaction Under AS 13.26.440 is a court order that allows a person or company to sell or dispose of property that is subject to a lien or security interest. This order is typically used when the debtor needs to sell or dispose of the property to pay a creditor or settle a debt. This order is also used when a person needs to sell or dispose of property because they are facing financial hardship and need the funds to pay for necessities. There are two types of Alaska Order Authorizing Single Transaction Under AS 13.26.440: a single transaction order and a multiple transaction order. A single transaction order allows a debtor to dispose of a single asset, such as a vehicle or a house, while a multiple transaction order allows the debtor to dispose of multiple assets in one transaction. Both types of orders must be approved by the court and all proceeds from the sale must be used to pay the creditor or settle the debt.
Alaska Order Authorizing Single Transaction Under AS 13.26.440
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