Is it ok for me to do a loan modification for my morgage before I file for bankruptcy?
1. Is it ok for me to do a loan modification for my morgage before I file for
bankruptcy?
The answer to your questions depends upon many things such as: 1. What chapt
ter bankruptcy do you intend to file? Chaper 7, or 13? 2. Is there equity in t
he home you intend to modify the loan for? 3. Will you receive any cash from t
he loan modification, and if so, what will you do with the cash? Most likely
, it will be okay for you to modify your loan before filing bankruptcy, but this