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  4. Exam
    Exam 28: A: Creditors Rights and Remedies
  5. Question
    Fact Pattern 28-4B
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Fact Pattern 28-4B

Question 1

Question 1

Multiple Choice

Fact Pattern 28-4B
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 28-4B.Mary will receive


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

Correct Answer:

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