I know a lot of the posts on this page discuss TPD discharge with VA disability, but I was wondering if the process with a doctors certification is different. I applied about a month ago and it went into pending final approval status a few days ago. I know there's a backlog for VA TPD claims, but do you think the process works differently for people with a doctor's certification / SSA determination? How long does it usually take to move from 'pending final approval' status to discharge? Also, is there still a chance it won't be approved?
Lastly, how does it work in terms of credit? With a VA disability discharge, the loans are immediately discharged so it would make sense that they are notated as paid with a zero balance on the credit report fairly soon after discharge. But, with a doctor's certification or SSA determination, there is a 3 year post-discharge period, so do the balances remain on your credit under the Nelnet byline until the 3 year period is complete or do they notate the balance as $0 from the beginning and only reapply the balances if you fail to complete the conditions?
I really appreciate it.
Well it's been a month since you posted this. Any update? I submitted my paperwork from the doctor via upload an email. I've received 6 emails Application Under Review so just curious what's next and how long. I originally had 8 loans that show a combined 92 late payments before being transferred as default 8 times for a year then consolidation to 2 current loans with income based repayment of $0/month a few months ago. Been trying to figure out what will happen.
It took about 30 days or so after I uploaded my doctors documentation. Only hiccup was they couldn't read my Dr license number in the handwriting once I got that information uploaded it went through fine. They closed my open loans and started new ones from the same date from when I did consolidation earlier in the year and is also closed with 0 balance in the monitoring period. I was hoping my old pre consolidation bad loans from default and late payments would be purged but no luck. I have been disputing and Transunion and Equifax just keep verified. Experian deleted everything including the four loans in perfect condition.
Just curious but did your loans get approved? If so how long did it take? I'm still waiting on mine I sent in a dr certification as well.