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If you do not submit the paperwork in that timeframe, you will likely have to start the application process all over again. A large number of applications are not approved the first time. Many cases are actually not approved until they have been through a hearing. You cannot, however, request a hearing until your claim has been through the reconsideration process. For that reason, make sure that you do not ignore the 60 day time limit to submit the paperwork for your case to be reconsidered.