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.
We have made adjustments to
sections of the burden package based on a thorough review. The
decrease of 767 hours reflects an adjustment of the paperwork
burden based on historical performance and current activity levels.
The program change decrease reflects that fact that Farm Service
Agency and Rural Utilities no longer utilize this package.
$89,040
No
No
No
No
No
Uncollected
Derek Jones 202
720-1504
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.