Dalton v. Interior Credit Bureau, Inc.

OPINION

MATTHEWS, Justice.

This appeal requires construction of the following portion of AS 09.35.090(a):

Residence exemption, (a) The homestead of any family is, or the proceeds of the homestead are exempt from judicial sale for the satisfaction of any liability contracted or judgment on debt except as provided in this section. The homestead consists of the actual abode of and owned by the family or some member of the family. It shall not exceed $19,000 in value, in excess of mortgages, deeds of trust and liens of record, and not 160 acres in extent if located outside a town or city laid off…