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    Covid19 Debt Deferment program is ending? If you owe money to the VA what are your options?

    Covid19 Debt Deferment program is ending? If you owe money to the VA what are your options?

    FromVeterans Corner Radio

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    Covid19 Debt Deferment program is ending? If you owe money to the VA what are your options?

    FromVeterans Corner Radio

    ratings:
    Length:
    9 minutes
    Released:
    Dec 21, 2020
    Format:
    Podcast episode

    Description

    To ease financial difficulties during the pandemic, the VA Debt Management Center (DMC) suspended issuing debt notification letters and suspended collection action on debts established after April 3, 2020, through January 1, 2021. DMC also offered suspensions or extended repayment plans for debts established prior to April 3, 2020.WHAT WILL HAPPEN IN 2021If your debt was established after April 3, 2020, DMC will issue your debt notification letter(s) starting in January 2021. If you have debt that was established prior to April 3,  where collections have been suspended due to the COVID-19 pandemic, your suspension will end on January 1, 2021, and the DMC will resume withholding from your VA benefits to pay the debt effective with your February 1, 2021, benefit payment. If you do not receive VA benefits, your payment will be due to DMC by February 1, 2021.
    Released:
    Dec 21, 2020
    Format:
    Podcast episode

    Titles in the series (100)

    Veterans Corner Radio focuses on what those who have served in the military, and their families need to know to maximize the services and benefits due to them. No matter if you are currently serving or got out 50 years ago, this program will give you answers to questions you didn’t even know you should be asking. Among those who have been and will be sharing their knowledge are those from the Department of Defense (DOD), Veterans Health Administration, Veterans Benefits Administration, National Cemetery Administration, members of Congress (both House and Senate), Federal Bureau of Investigation (FBI), American Association of Retired Persons (AARP), American Legion, Military Officers Association of America (MOAA), Military Order of World Wars (MOWW), Veterans of Foreign Wars (VFW), Vietnam Veterans of America, Disabled American Veterans (DAV), just to name a few.You will learn, among many other things, how to use the VA claim process, the services offered by the James A Haley VA Hospital that your local VA hospital may also offer and how to make use of them, and how to access educational benefits and home loans. What you have just read is the tip of the iceberg; there is so much more captured in the shows already posted and those yet to come. Each show is roughly a 15-minute investment in your future and that of your family. Start now to gain the knowledge that will serve you and your family, just as you served your country. We are not a part of any governmental organization.