I have taken care of my brother for over 9 years. My brother was recently diagnosis as being incompetent by the VA, so I was told that he needed someone to take care of his funds. I have been taking care of his funds for years(SSA appointed me). Okay a field examiner came to the house to interview. me and my brother. I had to. sign some papers to bethe fudicary, well the next day I get a call saying that I could not be appointed because of my credit report. What do my credit report have to do with maintaining my brothers money.
Can someone help me with solving this problem, because I am ow being told that they have to appoint someone and that person will be paid first out of my brother funds, and then my brother bills would be paid, then his personal would be takken care of if anything is left.
Of course my brother is totally against this action, his words were miight be slow with thinking, but I am not stupid.
I am surprised you are so surprised that the VA would not be willing to appoint you as fiduciary given a poor credit report. Although you may indeed be a good steward of your brother's funds the examiner obviously felt it was not in your brother's best interest to appoint you.
Your brother or his POA can appeal (http://www.benefits.va.gov/fiduciary/beneficiary.asp) but it a long process and success is not likely.
If an appeal is made efforts would be better spent getting another relative appointed rather than trying to change the decision already made with respect to your service.
VA takes credit rating as an indication of how well a person manages money.
This is not necessarily fair because a poor credit rating could have other causes such as a deadbeat spouse, unaffordable medical bills, etc. However, since VA is a huge government agency, there probably is an appeal process available to you.
Good luck.
Now there should be something on how to do an appeal on the letter. If your credit situation is not accurate, you should file for an appeal. You can go on-line to get your current credit report for free once a year from the big 3. But if you know that there are just valid problems with your credit, then you have to let APS or the court appoint someone. You know these guys are pro's and have training to do this and buy & large they have several clients and report to the court regularly. So they are not going to take advantage of the situation. you want to work with them and often they will allow you to do a lot of the very things you do now but instead of you paying for things, you are given a debit card which they review & control.
For others, this is a very important reason to appoint your own POA before you become incompetent.
Angel