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Creditors often promote the maximum value for exempt property, such
as the highest price obtainable by a professional seller given ample
time and budget to maximize a sale. Debtors prefer the lowest
justifiable value, to include as many items within a given value limit
provided by statute. In practice, the value used to appraise Alaska
exempt property is closer to the debtors preference, because used
personal goods have little resale value. The exception of course is
Alaska bankruptcy exemption for real estate, vehicles, boats and
financial accounts, all of which may be readily liquidated in robust
markets.
See also: Alaska Homestead Exemption
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