Sec. 5-40. Income-driven repayment plan certifications.
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/il/chapter-110/act-992/5-40A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 5-40. Income-driven repayment plan certifications. A servicer shall disclose the date that a borrower's income-driven payment plan certification will expire and the consequences to the borrower for failing to recertify by the date, including the new repayment amount.