The bank declared several commercial notes in default(disputable). The loans were fully collateralized. They seized the collateral and subsequently sold the assets and realized a $400,000 gross profit on the sale of the assets. They have sued my wife and I for the full amount of the notes. This has been going on for three years and they will not budge or give us credit for the amount of the sales that satisfied the notes. What is my next step?

You need to hire a lawyer and follow their recommendations.

It would also help if you tell us the country and state this was located.

You need to hire a lawyer and follow their recomendations.

It would also help if you tell us the country and state this was located.
I have two lawyers that have made no progress against the unlimited resources of the banks lawyers. This is in North Carolina