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Question
Mary's home is in a state that has a $30,000 homestead exemption. Mary defaults on a $60,000 debt that she owes to Nina. Mary's home is sold at auction for $80,000.Other property Mary may own that may be exempt from satisfaction of judgment debts includes
a. any property that Mary wishes to exempt.
b. investments that Mary has made in her family's businesses.
c. recreational vehicles that Mary uses on weekends.
d. tools that Mary uses in her trade.
Answer
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