What is a VA Form 5655?

July 14, 2019 Off By idswater

What is a VA Form 5655?

VA Form 5655, Financial Status Report, is used to determine eligibility for waiver of collection, for the acceptance of a compromise offer or for a payment plan.

How do I fill out a VA financial status report?

What information do I need to fill out a Financial Status Report?

  1. Work history for the past 2 years. You’ll need the employer name, start and end dates, and monthly income for each job.
  2. Income.
  3. Assets.
  4. Monthly living expenses.
  5. Other living expenses.
  6. Installment contracts or other debts.
  7. Bankruptcy information.

How do I dispute a VA education debt?

Contact The VA Debt Management Center To Resolve Your Debt You can reach the VA Debt Management Center during normal business hours by calling 1-800-827-0648. International callers should call the VA Debt Management Center at 1-612-713-6415.

What is a VA Form 5103?

Section 5103 notice response form. Inform the claimant that he/she may. notify VA that he/she has no further information or evidence to submit, and. request that VA decide the claim based on all the information and evidence of record.

Where do I mail VA 5655?

The 5655 VA Form and all additional documents can be submitted in three ways: Via Fax through the number 612-970-5798. Via Email at [email protected] with the purpose of the form – either Payment Plan, Waiver, Repay, or Repay and Waiver – specified in the subject line.

What happens if VA overpaid you?

If you were overpaid or thought to have been overpaid by the VA, you have sixty days to respond to the Debt Management Letter. After 60 days, the debt is sent to the VA Debt Management Center and the veteran is notified of how the VA intends to collect the debt.

What do you need to know about the VA Form 5655?

A VA Form 5655 is used by the Department of Veterans Affairs in the United States. This form is known as a Financial Status Report. The form is used to supply the VA with information regarding your current finances and financial situation. This form is typically requested in order to determine eligibility…

How to request debt relief from the VA?

To request debt relief: Fill out a Financial Status Report (VA Form 5655). Download VA Form 5655 (PDF) Write a letter explaining why you’re requesting debt relief.

What do I need to fill out VA financial status report?

This form is known as a Financial Status Report. The form is used to supply the VA with information regarding your current finances and financial situation. This form is typically requested in order to determine eligibility for various benefits through the VA, such as debt exemptions, payment plans, or compromise offers.

How to request a hardship determination from the VA?

Fill out a Request for Hardship Determination (VA Form 10-10HS). Download VA Form 10-10HS (PDF) Write a letter explaining why you’re requesting a hardship determination. The letter should describe the financial issues that make it hard for you to pay your copays.