PREC 7-96    Separate and Distinct Transactions requiring Notification of Waiver Rights    Citation: Vet. Aff. Op. Gen Couns. Prec. 7-96, VAOPGCPREC 7-96, 1996

QUESTION PRESENTED:

Under what circumstances does an increase in an individual’s indebtedness result from “a separate and distinct transac-

tion” for purposes of notification of the right to request a waiver of indebtedness?

HELD:

Notification of waiver rights is necessary when an increase in indebtedness is based on circumstances not considered in computation of the original indebtedness.  Notification is

not required when an increase is based on the addition of interest to a debt or on a technical correction concerning the amount of the original indebtedness.