Cox v. Cooper 3AN-15-10101 CI
Aug 04, 2016OUTCOME: Summary Judgment for Plaintiff.
Suit to stop deed of trust foreclosure for grossly misstated redemption amount related to usury interest at 20% on $325,000.00. Court found rate was usurious, all interest was forfeit, all payments ap ... plied to principal and the sale notice must be reissued. Reversed on reconsideration. On appeal to the Alaska Supreme Court.
