Refinancing Before Chapter 7

[WayStressed]

I called my mortgage company today (Freddie Mac loan administered by CitiMortgage) to see if I could take advantage of any programs due to being on unemployment.

I've never been late on any payments in 11 years of my loan.

I wanted to see if there were any options available for temporarily reducing my mortgage. There is one where I could pay 50-80% of mortgage for 6 months then pay a lump sum at the end. Or, they could refinance at around 5% (my current rate is 7%).

Quick stats: Home value $130K, Mortgage $75k, Homestead exemption $60K

Would refinancing prior to a chapter 7 mess up with filing a chapter 7?

[OhioFiler]

Won't hurt to refinance your mortgage unless it creates too much disposable income that could be used to fund a chapter 13.

[WayStressed]

Thanks. Having too much disposable income is not an issue--I make under the median income.

[OhioFiler]

Thanks. Having too much disposable income is not an issue--I make under the median income.

Being under the median is unrelated to disposable income.

[WayStressed]

Being under the median is unrelated to disposable income.

I totally understand that, but my expenses would still exceed my income--thus having to go without things I really need (i.e. dental visits, house repairs, etc.)