Qian Resides in a State That Has a $50,000 Homestead

Multiple Choice

Qian resides in a state that has a $50,000 homestead exemption. She defaults on a loan extended by Rely Bank, owing $60,000. Her home is sold at auction for $90,000. The creditor is entitled to

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