Can you file for bankruptcy after getting a mortgage loan modification?

You can file for bankruptcy even after you have received a mortgage loan modification as long as you are eligible. A judge will determine if you are eligible after reviewing your financial status and your ability to repay your current debts. Since you just modified your mortgage, you may now have the ability to repay your debts according to your current income and fixed expenses. However, if you still are unable to repay the loan on schedule, a bankruptcy protection may be the assistance you need in order to finally resolve your debts and get your financial situation repaired.

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