Form 7-2585 Loan Guarantee Borrower Default Status

7-2585 (9-08)
Bureau of Reclamation

OMB Control No. 1006-NEW
OMB Expiration Date ______

UNITED STATES DEPARTMENT OF THE INTERIOR
BUREAU OF RECLAMATION
LOAN GUARANTEE BORROWER DEFAULT STATUS
1. BORROWER ID NUMBER

2. BORROWER NAME

3. LENDER ID NUMBER

4. LENDER BRANCH NUMBER

5. LENDER NAME

6. LENDER LOAN NUMBER

7. LOAN GUARANTEE NUMBER

8. DATE LOAN BECAME DELINQUENT

9. UNPAID PRINCIPAL ON LOAN

10. UNPAID INTEREST ACCRUED

$

$

11. TOTAL AMOUNT PAST DUE

12. AS OF DATE

$
13. DELINQUENT CODE
01 – DELINQUENT-DISPOSITION FORTHCOMING
02 – BORROWER WILL PAY DELINQUENT AMOUNT
03 – NOT VALID FOR THIS PROGRAM
*04 – FORCED LIQUIDATION PENDING
*05 – VOLUNTARY LIQUIDATION PENDING
*06 – FORCED LIQUIDATION PENDING ESTIMATED LOSS CLAIM FILED
*07 – VOLUNTARY LIQUIDATION PENDING ESTIMATED LOSS CLAIM FILED
*Requires Reclamation concurrence
*08 – TEMPORARY LOAN BY LENDER TO BRING ACCOUNT CURRENT
prior to final lender action.
*09 – BORROWER RESTRUCTURING PENDING
10 – NOT VALID FOR THIS PROGRAM
*11 – REAMORTIZATION OR RESCHEDULING OF PAYMENTS COMPLETED
*12 – DEFERRAL OF PRINCIPAL/INTEREST PAYMENTS COMPLETED
13 – LOAN REINSTATED AND CURRENT
14 – BANKRUPTCY LIQUIDATION FILED BY BORROWER
15 – BANKRUPTCY REORGANIZATION FILED BY BORROWER
16 – BANKRUPTCY REORGANIZATION COMPLETE LOAN CURRENT AS PER BANKRUPTCY PLAN
17 – BANKRUPTCY REORGANIZATION COMPLETE, COURT ORDERED INTEREST RATE REDUCTION IN EFFECT AS PER
BANKRUPTCY PLAN

14. COMMENTS ON STATUS OF BORROWER LOAN ACCOUNT

15. AUTHORIZED LENDER SIGNATURE

16. TITLE

17. DATE

Paperwork Reduction Act: This information is needed by Reclamation to initiate appropriate actions in regards to defaulting loans. Response to this request is voluntary;
however, without this information Reclamation can not process or pay loss payments associated with defaulted loans. In accordance with the Act, the reporting burden to the
public for this form is estimated to average 2 hours per response including the time for reviewing instructions, searching existing data sources, gathering and maintaining the
data needed and completing and reviewing the collection of information. In accordance with the Act, Reclamation may not conduct or sponsor, and a person is not required to
respond to, a collection of information unless it displays a valid Office of Management and Budget control number. Direct comments regarding the burden estimate or any
other aspect of this form to the Bureau of Reclamation, Policy and Program Services, P.O. Box 25007, Denver, CO 80225, or call 303-445-2780.