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39. Tracey's home is in a state that has a $30,000 homestead exemption. Tracey defaults on a $60,000 debt that he owes to Urban Mortgage.

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39. Tracey's home is in a state that has a $30,000 homestead exemption. Tracey defaults on a $60,000 debt that he owes to Urban Mortgage. Tracey's home is sold at auction for $80,000. Of the $80,000, Urban Mortgage may recover a. $0. OVA b. $30,000 $50,000 $60,000

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