Solved

Fact Pattern 29-2B (Questions B17-B19 Apply)

Question 11

Multiple Choice

Fact Pattern 29-2B (Questions B17-B19 apply)
Robin's home is in a state that has a $30,000 homestead exemption. Robin de?faults on a $60,000 debt that she owes to Suburban Mortgage Company. Robin's home is sold at auc?tion for $80,000.
-Refer to Fact Pattern 29-2B. Suburban Mortgage may recover


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

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions