Fact Pattern 21-1
Mary's home is in a state that has a $30,000 homestead exemption. Mary defaults on a $60,000 debt that she owes to Nina. Mary's home is sold at auction for $80,000.
-Refer to Fact Pattern 21-1. Other property Mary may own that may be exempt from satisfaction of judgment debts includes

Question

Fact Pattern 21-1 
Mary's home is in a state that has a $30,000 homestead exemption. Mary defaults on a $60,000 debt that she owes to Nina. Mary's home is sold at auction for $80,000.
-Refer to Fact Pattern 21-1. Other property Mary may own that may be exempt from satisfaction of judgment debts includes

Quizplus · Accepted Answer

The fact pattern indicates that Mary's state has a homestead exemption of $30,000, which means that this amount of equity in her home is protected from judgment creditors. However, the fact pattern does not indicate that Mary has any other property that is exempt from satisfaction of judgment debts, except for tools that she uses in her trade. Some states have specific exemptions for tools and equipment that are necessary for an individual's occupation, and these exemptions can vary widely depending on the state. Therefore, based on the information given in the fact pattern, the best choice is D, tools that Mary uses in her trade.