Fact Pattern 29-2 Robin's Home Is in a State That Has a $30,000

question 1

Multiple Choice

Fact Pattern 29-2
Robin's home is in a state that has a $30,000 homestead exemption. Robin defaults on a $60,000 debt that she owes to Suburban Mortgage Company. Robin's home is sold at auction for $80,000.
-Refer to Fact Pattern 29-2. Robin will receive​

• A) ​$0.
• B) ​$30,000.
• C) ​$50,000.
• D) ​$60,000.

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Definitions:

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