Posted on: 02nd Oct, 2012 01:12 am
Hi there… I received the Montgomery GI Bill due to serving the army. So while I was going to school I elected to use my benefits and receive pay for educational assistance. I was awarded money every month while I was attending full-time. Once when I was transferring from community college to my university, I received an overpayment that I was unaware of. Once I continued my education, 3 1/2 months later, my assistance kicked back in and I was awarded money and there was an automatic deduction in the amount of my overpayment from the previous semester. Now, after 4 years, I check my credit report and see a collection in the amount of $0 from the Office of Veteran Affairs. I never received any notification and the amount was deducted by them. Is there anything I can do to dispute this? I've disputed with the CRA's and it comes back as legitimate. I've called, written emails, and faxed letters to the Office of Veteran Affairs, but they won't budge.
Any negative item will remain in your credit report for 7 years. However, if they have already deducted the money and recovered the debt, then they shouldn't report the collection status. It will be better if you could contact an attorney and take his opinion in this regard.
Hi Sherry,
I agree with what Niicss has said. If the money has already been deducted, then they have to report the debt as paid off in full.
Thanks
I agree with what Niicss has said. If the money has already been deducted, then they have to report the debt as paid off in full.
Thanks