The Board found that the veteran's default in payment of the mortgage on the subject property was not intentional, and that delay by VA unnecessarily inflated the current indebtedness. The decision grants partial waiver of recovery for $20,985.08 plus accrued interest, but denies full waiver due to the remaining $5,000 of loan guaranty indebtedness.
The deciding factor: The relative degree of fault by VA in the overall amount of the loan guaranty indebtedness was considered, and it was determined that repayment of the remaining $5,000 would not violate the principles of equity and good conscience.
- Claimed conditions
- Not specified in this decision
- How they argued it
- Not specified
- Exposure basis
- None
- Rating assigned
- None in this decision
- Decision date
- April 30, 2002
- Citation
- 0203932
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 0203932.
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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