Fact Pattern 19-2 Robin's Home Is in a State That Has a $30,000

Fact Pattern 19-2
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 auction for $80,000.
-Refer to Fact Pattern 19-2.Suburban Mortgage may recover​

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

Correct Answer:

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