Fact Pattern 19-2
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 19-2.If Nina recovers less than she is owed,she can realize the difference from

Question

Fact Pattern 19-2 
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 19-2.If Nina recovers less than she is owed,she can realize the difference from

Quizplus · Accepted Answer

Nina can satisfy the debt from Mary's nonexempt property, meaning property that is not exempt from creditors. She cannot take property from Mary's exempt property, which is protected from creditors by law. The debt cannot be satisfied from property owned by other members of Mary's family, only from Mary's own property.