Federal Register #2026-20414

VA Debt Management Center Seeks OMB Review of Financial Status Report Information Collection

The Department of Veterans Affairs is seeking OMB review of a revised financial-status information collection, not buying products or services. - Government buyer: U.S. Department of Veterans Affairs (VA), Debt Management Center (DMC). - Purpose: Submit a revision of the currently approved Financial Status Report information collection to the Office of Management and Budget (OMB) for review and comment. - Information collected: VA Form 5655 supports decisions about waivers of debt collection, compromise offers, financial-hardship suspensions, and repayment plans for VA overpayment debts. - Estimated annual burden: 150,871 individual respondents and 150,871 burden hours, averaging 60 minutes per response. - Procurement status: This is an information-collection notice; no products, procurement services, OEMs, or vendors are identified.

Description

The Department of Veterans Affairs’ Debt Management Center will submit the Financial Status Report (VA Form 5655) information collection to the Office of Management and Budget for review and comment. The form supports eligibility determinations for waivers of collection, consideration of compromise offers, financial hardship suspensions, and repayment plans for VA overpayment debts. The notice describes a revision to a currently approved collection and reports an estimated annual burden of 150,871 hours for 150,871 respondents. Comments are due by November 5, 2026.

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