Best way to look at situations like this is to do so from the other guy's perspective. If roles were reversed and it was your money you had lent to someone now asking to change the terms under which you agreed he would repay that debt, would you want that person to be completely open and honest about their finances so that you could make a honest assement and informed decision? And if you found out later on that person was not completely honest with you, how would you feel? And simply because wall street and lenders may have been less than forthcoming about their own business dealings and where bailed out nonetheless, while everyone else on main street had to take it on the chin...does 2 wrongs make a right? I think the simply fact that you asked such a question in a forum like this says you're someone who has a conscience and basically trys to always do the right thing...Continue to do so. It alwasy works out for the best in the end.