Mortgage – Walk away or fight to keep my home? Will the bail out help me?

Does anyone here have ANY positive experience on the foreclosure bail out? Any progress?

I bought my home for $ 510k (invested a lot of money fixing it up) and unfortunately I am in a negative amortization loan, I now owe my mortgage company over $ 546k for the same house… that is today worth $ 280k.

My mortgage company has thus far done ZERO to help me… until I started to default on the loan… which got their attention, but still they are trying to do everything possible scenario not to refi or modify….

Will a BK judge force them to try to meet me in the middle and help me KEEP MY HOUSE? Anyone with ANY experience have advice on this????

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