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I filed bankruptcy but didn't reaffirm my home loan if i do a loan modifica tion is that reaffirming the loan? Yes, it has the same affect as affirming the loan. If you default on the loan mo odification, the mortgage lender can foreclose and sue you for any deficiency.

I filed bankruptcy but didn't reaffirm my home loan if i do a loan modification is that reaffirming the loan?

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Page 1: I filed bankruptcy but didn't reaffirm my home loan if i do a loan modification is that reaffirming the loan?

I filed bankruptcy but didn't reaffirm my home loan if i do a loan modification is that reaffirming the loan?Yes, it has the same affect as affirming the loan. If you default on the loan moodification, the mortgage lender can foreclose and sue you for any deficiency.