7 CFR 1956-C, Debt Settlement -- Community and Business Programs

ICR 201004-0575-003

OMB: 0575-0124

Federal Form Document

ICR Details
0575-0124 201004-0575-003
Historical Active 200611-0575-006
USDA/RHS
7 CFR 1956-C, Debt Settlement -- Community and Business Programs
Revision of a currently approved collection   No
Regular
Approved without change 09/16/2010
Retrieve Notice of Action (NOA) 05/12/2010
  Inventory as of this Action Requested Previously Approved
09/30/2013 36 Months From Approved 09/30/2010
3,015 0 85
1,772 0 702
0 0 0

The purpose of the debt settlement function is to provide the delinquent client with an equitable tool for the compromise, adjustment, cancellation or charge-off of a debt owed to the Agency. Failure to collect information could result in improper servicing of these loans.

US Code: 7 USC 1932, Section 310b Name of Law: Consolidated Farm and Rural Development Act
  
None

Not associated with rulemaking

  74 FR 56172 10/30/2009
75 FR 26706 05/12/2010
No

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 3,015 85 0 0 2,930 0
Annual Time Burden (Hours) 1,772 702 0 0 1,070 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The adjustment increases in responses and burden hours is attributed to accounting for FSA use of form RD 1956-1 and other non-form information collected. It also includes burden for RD 1956-1 that was inadvertantly omitted from the previous submission.

$912,682
No
No
No
Uncollected
No
Uncollected
Beth Jones 202 720-1498 [email protected]

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
05/12/2010


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