Take a look at the recent postings on this subject. There is one in the last week to which I contributed that has a bout 20 replies. First step you should take I think though is to SARN your lender and others to get maximum information to use to your advantage. If part or all of your shortfall is made up of a mortgage indemnity insurance payout then you may be a ble to argue that this is a simple debt and as such has only a six year shelf life. Consensus still is that we need a definitive court ruling however.(posted 8000 days ago)