(1) An excellent borrower’s Lead Financing try discharged if the borrower will get completely and forever handicapped, given that laid out from inside the (b), and you will suits new qualifications requirements contained in this part.
(2) To have a debtor just who gets totally and you will permanently handicapped once the described in the paragraph (1) of the concept of you to label in (b), this new borrower’s financing launch software program is processed in accordance with paragraph (b) with the area.
(3) To have experts who happen to be completely and permanently disabled due to the fact explained inside the part (2) of concept of one name for the (b), brand new veteran’s financing release application is processed in accordance with paragraph (c) for the section.
(4) Getting reason for that it area, a great borrower’s representative or a great veteran’s associate is actually a member of the fresh new borrower’s family members, the fresh new borrower’s lawyer, or another private licensed to behave for this new borrower regarding the this new borrower’s complete and you can permanent handicap release software.
References to an effective borrower otherwise an effective veteran are, in the event that applicable, the borrower’s user or even the veteran’s affiliate for purposes of applying to have a total and you will long lasting impairment launch, bringing notifications otherwise suggestions on Secretary, and having announcements on the Secretary
(b) Discharge app techniques for a debtor who’s entirely and you may forever handicapped due to the fact demonstrated in the paragraph (1) of concept of one label into the (b) –
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