Fact Pattern 14-1
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 14-1.Mary will receive
A) $0.
B) $30,000.
C) $50,000.
D) $60,000.
Correct Answer:
Verified
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