Hundreds of stone carved Buddhas, animals and relief panels with historic displays.

That's a relief, because I really don't want to do anything with it--enough to think about/do already!

In terms of donating and giving, see the following.This is right from the White House website:You can also help immediately by donating to the Red Cross to assist the relief effort.

Most importantly, can you get equity and he just wants debt relief?

If you haven't already, look into the Soldiers and Sailors' Relief Act to get all your cc interest rates dropped.

If it is a primary residence, then there will be no tax-implications (see mortgage debt relief act of 2007).Usually short sale are a better choice than foreclosure, but this is not always the case.I recommend seeking counsel in your area as laws vary.

Marc,As a plumber in a past life....I would not test the relief valve!

Remind them what that is going to cost (as described above or as you like) and how long a home could be on the market before getting a deal and then how long it will take to close before finally getting relief.

Brian, I'm not familiar with Texas deficiency laws, but have you heard a recent federal law called the Mortgage Forgiveness Debt Relief Act?

Key Features of the New Housing Rescue Plan The government’s newest housing rescue effort, which was announced Friday, includes these key tenets:·As much as $14 billion of the Troubled Asset Relief Program (TARP) will be made available to pay for writing down second liens for loans whose borrowers refinance through the Federal Housing Administration.·Lenders that facilitate refinances through the FHA will be required to write down the principal of the first mortgage by at least 10 percent so the home owner has a loan-to-value ratio no higher than 97.75 percent.·Lenders of second liens will be offered incentives of 10 cents to 21 cents per dollar of principal they write down in connection with an FHA refinance.·Borrowers who lose their jobs can apply to have their mortgage payments reduced for three to six months while they search for a new job.·Borrowers with a payment still greater than 31 percent of income after they find a job will be considered for a permanent loan modification.·To encourage more short sales and “deed in lieu†of foreclosure transactions in which the lender settles the loan for less than is owed, the government will double assistance to borrowers to $3,000 and increase incentives to subordinate lien holders and investors to $6,000.