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Denied

The Board determined that recovery of the loan guaranty indebtedness in the amount of $24,952.27, plus interest would not be against equity and good conscience due to fault on the part of the Veteran.

The deciding factor: There was a degree of fault on the part of the Veteran in creation of the loan guaranty indebtedness, but denial of waiver would result in some unfair gain to him as he continued living in the home without making regular payments and lived off his VA disability benefits.

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 19, 2011
Citation
1146276

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 1146276.

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