we did a short sale which the lender approved. they instructed me to let the difference,90k, go to charge off,basically not paying it.which I haven`t been.
now they are calling me for 90K- I don`t own another home,we are renting.but would like to buy the house we are renting-I need a co-signer because of the hit my credit has taken by letting the remainder go to charge off. the lender is holding me responsible for the 90K.
my questions are-
1)what will happen with this 90K? I cannot pay it.
2)should I even bother thinking about buying the house we rent,can the bank come after this house if we buy it?
3)what happens if I file bankruptcy,will I ever be able to buy a house without problems?

4)with Obamas` new stimulus-do you think that my lender might get money to pay off their debt from me? basically writing it off?
thanks in advance