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.