Any advise on how to handle this aweful situation that I am in will be of great help!

I did a short sale with Chase and sold the house in July of this year and I just got contacted by a collection agency representing Chase to collect on the $176,000 that is the balance of the loan after the sale of the house. I had to pay my second lender $30,000 to settle and now Chase is coming after me. I was told by my realtor that when I did the short sale that in alot of cases the second…