Yes, however the lender will only approve the loan modification if you get permission from the Bankruptcy Court and the Bankruptcy Trustee. The lender cannot be forced to amend the loan by the Bankruptcy Court. Before you choose this path, make sure the loan modification will benefit you financially.
Check out the Arizona Bankruptcy Court’s Mortgage Modification Mediation Program
December, 2017 new changes to the Mortgage Modification Mediation Program.