Upton Borrows $150,000 from Valley Credit Union to Buy a Home,which

Multiple Choice

Upton borrows $150,000 from Valley Credit Union to buy a home,which secures the loan.Three years into the term,Upton stops making payments on it.Valley Credit repossesses and auctions off the property to Wesley.The sale proceeds are not enough to cover the unpaid amount of the loan.In most states,Valley Credit can ask a court for

A) a deficiency judgment.
B) a reverse mortgage.
C) a short sale.
D) nothing.