Fact Pattern Mary's Home Is in a State That Has a $30,000

question 9

Multiple Choice

Fact Pattern
Mary's home is in a state that has a $30,000 homestead exemption.Mary de?faults on a $60,000 debt that she owes to Nina.Mary's home is sold at auc?tion for $80,000.
-Refer to Fact Pattern 15-2B.Nina may recover

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