Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - 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 chapter bankruptcy do you intend to file? Chaper 7, or 13?
2. Is there equity in the home you intend to modify the loan for?
3. Will you receive any cash from the 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 is a question for your bankruptcy attorney. That is why you are paying him or her. There will be questions on your bankruptcy petition that you will need to answer regarding transactions within 90 days prior to the filing of the bankruptcy petition. -