Empty house with negative equity

user1977

Forester50 said:

Workerdrone said:

CSI_Yorkshire said:

Hard_up_dad said:

I guess I came here to see if there’s a way to get a mortgage company to move on the shortfall amount 

No, mortgage lenders don't just write-off the balance unless there is no possibility of repayment - i.e. you are declared bankrupt.  A bit of a chat with them will not fix anything.

Unless you can disappear until the 12 year statute of limitations is up

Errr no because Statute of Limitations not applicaple here. The lender has a charge on the property which will remain forever until it is discharged through payment or other agreement.

It will be removed if/when the lender sells under repossession.