[bhb]

I have a brigde loan that came due in Aug. The bank will not extend it, the house has not sold yet. I owe more than I can get for it. I talked to CCCS and they said talk to a BK lawyer. Found out that the bank Paid off our mortgage on the first house. Gave us a home equity loan for the amount of the first mortgage plus enough to do the down payment on the second loan. The secured debt on the equity loan is the first home. Second home is not tied in to the equity loan. The BK lawyer recommended that we re-finance the first home and keep it as a rental. When I told him that was not an option for us he said we should do a deed-in-lieu of forclosure. What are the chances that the bank will do that when we are upside down on this loan. Our second home is with the same bank also. Bk lawyer said our only other option is chapter 13. That option is rediculous to me because we are not behind in any other payments and would not even be in any cc debt if we did not have this first house to pay for. I don't know what to do and time is running out.