[Amber B]

to work for me when I default? I am going to have to default on my mortgage payments as I have been made redundant and have no other cash or assets to my name. I have tried in vain to sell the property (on open market and auction) but it has reached nowhere near the amount owed on the mortgage (-90K) and so its safe to say the property is in negative equity. Now, I paid mortgage lenders insurance at the start of my mortgage - is this going to help me in any way when I hand the keys back to the bank??? The property is in QLD, Australia.