share with you the predicament that I now have

[jane.l]

I’m sorry, I don’t really have any advice, this is exactly what happened to us and we had no option but bankruptcy.

Of course, in our case, the shortfall was far greater. Have you looked into the possibility of paying the secured creditors and then trying to pay the estate agents later, as you originally planned???

Hopefully one of the experts will be along who can help you, seems a pity if your shortfall is quite small and shame on the company trying to force you into taking on more debt!