Ember's home was foreclosed on May 15th, 2020. On October 13th, she received a Form 1099-C for cancellation of debt. The fair market value of her home was less that the amount owed, so the cancellation was for $15,885. Which of the following exclusions is she most likely to qualify for?

Insolvency.

Bankruptcy.

Qualified principal residence indebtedness.

Qualified real property indebtedness.