Fact Pattern 15-1 (Questions 12-15 Apply)

question 10

Multiple Choice

Fact Pattern 15-1 (Questions 12-15 apply)
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 15-1. Mary will receive

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

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