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. If Nina recovers less than she is owed, she can realize the difference from
A) any property that Mary owns.
B) only exempt property that Mary owns.
C) only nonexempt property that Mary owns.
D) property that any other member of Mary's family owns.
Correct Answer:
Verified
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Mary's home
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