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Does Arkansas Law Allow for a Redemption Period After a Foreclosure?

April 26, 2017Arkansas foreclosure Law period redemption

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Does Arkansas Law Allow for a Redemption Period After a Foreclosure?

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Arkansas allows for a period of redemption in certain circumstances. If the property was foreclosed through the judicial foreclosure procedures then the borrower has one year to redeem the property. However, if the property was foreclosed in a non judicial foreclosure then there is no borrower right of redemption.