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You will receive the notice of discharge of debt 30 to 60 days after your final payment has been made and the trustee ensures your payment plan has been followed and completed.
If the beneficiary fails to submit the final payment request or to provide a suitable update and explanation of delay within 30 days of this notice, VA may take appropriate action to collect the amount of the advance payment from the beneficiary.
(1) If an advance payment was made to the beneficiary, but the beneficiary fails to submit a final payment request in accordance with paragraph (b) of this section within 60 days of the date of the advance payment, VA will send a notice to remind the beneficiary of the obligation to submit the final payment request.
(c VA action on final payment request.
A final payment is made after the job is completed.
I actually cried when I made that final payment.
The Browns made their final payment on the camper earlier this year.
(d Failure to submit a final payment request.
The final payment will not be made until 2048.
Any final payment would require the approval of the Education Department.
This year, he said, A.I.G. expects to receive the final payment.
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CEO of Professional Science Editing for Scientists @ prosciediting.com