Course Solutions Uncategorized (Answered) : A owes B $250,000 on a mortgage on A’s residence. A also has $100,000 in stocks and securities. A has no other debt. A’s hou

(Answered) : A owes B $250,000 on a mortgage on A’s residence. A also has $100,000 in stocks and securities. A has no other debt. A’s hou

A owes B $250,000 on a mortgage on A’s residence. A also has $100,000 in stocks and securities. A has no other debt. A’s house has gone down in value to $200,000. How much will B be able to collect from A?

Expert Answer


If B wants to force A to sell off his property and stocks, B can recover the entire amount of $250000 from A, provided the stock price remains same during that time.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Post