Maybe Spaz can answer this one!! 

I hope someone can answer this one.  I had my contempt hearing on the price reduction to my house since it's been listed since Jan. and no go on it.  The judge found him in contempt so he has to pay me back attorney fees and court costs, but she continued it for 30 days to make a final judgement because he's whining in court that he can't afford to take a loss on the house when it sells, he can't bring any money to the table for the closing of the house when that does happen.  My thought--too damn bad.  He agreed in the divorce papers to take full loss just like I'm paying the mortgage right now and can't even afford it.  Anyways the judge told him that he needs to check of what other options are out there to get rid of this house once and for all.  She said to either do a short sale which the realtor said we probably can't because I'm not behind on the house payments and there isn't a hardship because we both have jobs.  The judge said to look into a deed in lieu of foreclosure which I understand means the mortgage company takes the house and it will give us both bad credit for up to 3 years, his name is the only one on the house but my name is also on the mortgage note--so I'm screwed as I was already told.  I was told if we do a short sale it goes against our credit for 1 year and if we do a full blown foreclosure it goes against our credit for 10 yrs.  Am I missing anything and is all the info I have true?!!  Please advise me because I'm really concerned here about my credit.  I haven't had anything in my name during my marriage because my controlling SOB ex had everything in his name, so I'm now trying to establish some credit for myself--not have it ruined before I even get started!!  I'm a saver anyways, not a spender so maybe that will benefit me, I don't know.  Please Help!!! :)