(a) After default, a secured party

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

(1) may take possession of the collateral; and
(2) without removal, may render equipment unusable and dispose of collateral on a debtor’s premises under Alaska Stat. § 45.29.610.
(b) A secured party may proceed under subsection (a) of this section

(1) in accordance with judicial process; or
(2) without judicial process if it proceeds without breach of the peace.
(c) If so agreed and, in any event, after default, a secured party may require the debtor to assemble the collateral and make it available to the secured party at a place to be designated by the secured party that is reasonably convenient to both parties.