Home / FAQs / Transaction of a charge-off amount

Transaction of a charge-off amount

Will VA need to see the transaction of a charge off amount (previously buy down) on the transaction history for a post-audit? In addition, the claims portion in VALERI has a section for reporting a “buy down” as a credit on the claim. Does the charge off amount need to be reflected in this section of the claim in order for payment? It is not necessary to present the charge off amount for the history. Moreover, the buy down regarding the claim refers to any kind of previous buy down which had been completed before your VALERI go-live date.

Leave a Reply

Your email address will not be published. Required fields are marked *