short sale means you have already made arraingde ments with your lened for a lesser value,your payment go down to the short sale conditions,u pay as ulive in the home,but are selling at the same time,the bank is getting a loss,you are losing equity,but they cannot make u pay beyond your exspectations.its already in contrat.in luie means your paying the leaine thats owded on the house till it sells,they cannot say u are a sqauter,bumb,kick u out to the streets.bankrupcy depends on so many factures.are u ever going to want to own again,forclosure,bankruptcy surelyis,uncomfortable,it means chadge!but in many case,it only takes 2 years to reclaime your name,if you can go 2 yrs,lett them take it,live cheeper wiser&save.life is short be happy,dontlet them,wit thses terms make u misserably crazy.its actually less stress,just make sure u have place to live,&its stable,affordable,begine,building a bettr future.ive been to all these places.im stilll here.ive saved nicely,we only live once-dont let the bank tell u how,if u have sutableliving for time,go enjoy&forgett.but remeber your mistaches as we live&learn,sinc mjfalcojr