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

ICR 201306-0575-002

OMB: 0575-0124

Federal Form Document

ICR Details
0575-0124 201306-0575-002
Historical Active 201004-0575-003
USDA/RHS
7 CFR 1956-C, Debt Settlement -- Community and Business Programs
Revision of a currently approved collection   No
Regular
Approved without change 11/08/2013
Retrieve Notice of Action (NOA) 09/09/2013
  Inventory as of this Action Requested Previously Approved
11/30/2016 36 Months From Approved 11/30/2013
163 0 3,015
1,005 0 1,772
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

  78 FR 38686 06/27/2013
78 FR 54862 09/06/2013
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 163 3,015 0 -2,933 81 0
Annual Time Burden (Hours) 1,005 1,772 0 -1,422 655 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes
Miscellaneous Actions
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.
09/09/2013


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