(a) A debtor, a secondary obligor, or other secured party or lienholder may redeem collateral.


(b) To redeem collateral, a person shall tender


(1) fulfillment of all obligations secured by the collateral; and


(2) the reasonable expenses and attorney fees described in AS 45.29.615(a)(1).


(c) A redemption may occur at any time before a secured party has


(1) collected collateral under AS 45.29.607
;


(2) disposed of collateral or entered into a contract for its disposition under AS 45.29.610
; or


(3) accepted collateral in full or partial satisfaction of the obligation it secures under AS 45.29.622
.