Alaska Admin. Code tit. 3, § 41.045 – Ability to repay | Midpage

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Alaska Administrative Code

§ 3.41.045

Alaska Admin. Code tit. 3, § 41.045

Ability to repay

Effective Sep 11, 1985Alaska Register 95(Eff. 9/11/85, Register 95) | Authority: AS 26.15.010, AS 26.15.030, AS 26.15.040

The department will, in its discretion, consider the following factors in evaluating an applicant's ability to repay a proposed assumption:

(1) income history, including present income;
(2) prospects for future income;
(3) assets and their liquidity; and
(4) liabilities.

(Eff. 9/11/85, Register 95)

Authority: AS 26.15.010, AS 26.15.030, AS 26.15.040