I have a Chase 1st Mortgage for 320k and an Associated Bank 2nd for 59k. Due to financial hardship incurred by divorce I stopped paying the mortgage in February. I have now moved out of the house completely. It is up for sale and have dilligently sent in all the paperwork to both banks requesting a short sale since it is also underwater. I have just got 2 replies from them both, from law firms representing them, stating that the they intend to collect on the debt from within 30 days of the letter being sent. So despite genuine hardship they have not so far taken any notice and have simply sent letters from their respective law firms. Is this something that I should be worried about at this relatively early stage of the whole process, or should I consider consulting a bankruptcy attorney?