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

ICR 201905-0575-002

OMB: 0575-0124

Federal Form Document

ICR Details
0575-0124 201905-0575-002
Active 201608-0575-001
USDA/RHS
7 CFR 1956-C, Debt Settlement -- Community and Business Programs
Revision of a currently approved collection   No
Regular
Approved without change 12/12/2019
Retrieve Notice of Action (NOA) 10/17/2019
In accordance with 5 CFR 1320, the information collection is approved for three years.
  Inventory as of this Action Requested Previously Approved
12/31/2022 36 Months From Approved 12/31/2019
163 0 193
1,005 0 1,041
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

  84 FR 16838 04/23/2019
84 FR 55542 10/17/2019
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 163 193 0 0 -30 0
Annual Time Burden (Hours) 1,005 1,041 0 0 -36 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
Based on current activity there is an adjustment decrease of 30 responses and 36 hours. This decrease is due to a decrease of 12 respondents.

$137,025
No
    No
    No
No
No
No
Uncollected
Diane Berger 2022601508

  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.
10/17/2019


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