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What is considered a VA benefit related indebtedness?

For VA benefit debt Benefit debt includes debt related to VA disability compensation, non-service-connected pension, or education benefits.

What is a VA Form 26 8937?

VA Form 26-8937 requires veterans who receive VA disability benefits to certify whether they have any debts related to those benefits. The veteran is required to complete the top half of the form, and then the lender submits it to the VA Regional Loan Center.

Is the VA debt questionnaire form required?

According to VA Circular 26-16-12, this form is no longer in the \u201cmandatory stacking order for files selected for VA full file loan review of all loan applications submitted to VA on, or after, June 1, 2016.\u201d When contacted, the VA verified that this form is not required, but many lenders still use it.

How do I know if I have a VA indebtedness?

You can also check your VA debt balance by phone: For VA benefit debts, call our Debt Management Center at 800-827-0648 (or 1-612-713-6415 from overseas). ... For VA health care copay debt, call our Health Resource Center at 866-400-1238 or 800-698-2411. ... If you have hearing loss, call TTY: 711.

Does VA forgive debt?

A waiver means that we agree to forgive (or \u201cwaive\u201d) a VA debt. You can request a waiver if you can't afford to repay your full debt balance\u2014even with smaller monthly payments over time. We may grant a waiver for part or all of a VA debt.

va related indebtedness meaning

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What is VA disability indebtedness?

An overpayment is a debt VA creates when it determines a veteran has been paid ore than they were entitled in benefits. Essentially, the veteran receives more than their designated disability benefit or other VA benefit amount.

How do I get a VA waiver of debt?

How do I request a waiver? A Financial Status Report (VA Form 5655) A personal statement that explains why you feel you shouldn't have to repay the debt. In your statement, share more information to support your waiver request.

What causes debts with VA educational programs?

What causes debt with VA Education Programs? If you decrease your training time (i.e. drop classes, leave school, etc.) and we have already processed a payment for tuition and fees, an overpayment will occur. When the School Certifying Official (SCO) notifies us of a change, a debt is created against your account.

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