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

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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.