The Board has determined that recovery of the loan guaranty indebtedness would not violate the principles of equity and good conscience, and thus granted a partial waiver for half of the decrease in property value.
The deciding factor: The Board found that considering the unusual circumstances such as the economic downturn in the Houston area during the veteran's ownership of the property, it was equitable to waive recovery of one-half of the decrease in property value.
- Claimed conditions
- Not specified in this decision
- How they argued it
- Not specified
- Exposure basis
- None
- Rating assigned
- None in this decision
- Decision date
- December 7, 2001
- Citation
- 0127109
This is a plain-language summary generated by AI from a public Board of Veterans’ Appeals decision. It can contain errors — always verify against the original. Look up the original decision on VA.gov (opens in a new tab) using citation 0127109.
What this means for you
A grant means the Board agreed the veteran was entitled to the benefit. Decisions like this show the kind of evidence and arguments that tend to succeed for claims like it.
What you can do next
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