What to do when you don't know what to do!
If you owe more than your house is worth and you are in a true hardship, get help. Raise your hand and ask for help from a Real Estate Professional. A short sale is better than a foreclosure on your credit report for many reasons. You may have to wait to get a home loan for 7 years with a foreclosure. With a short sale, it shows there was a work-out for the loan. There are employers who ask for a credit report. Always check with your tax professional or legal council regarding the tax consequences for your circumstances. A sold home is better for the community than a foreclosure that can sit empty and un-loved for a period of time.
Just ask for help.