FSA-2524 Current/Distressed Borrower Response to Denial of Servic

Farm Loan Programs - Direct Loan Servicing - Special ( 7 CFR 766)

FSA2524_071231V01

Farm Loan Programs - Direct Loan Servicing - Special (7 CFR 766)

OMB: 0560-0233

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This form is available electronically. Form Approved - OMB No. 0560-0233

FSA-2524

U.S. DEPARTMENT OF AGRICULTURE

Position 4

(12-31-07)

Farm Service Agency






BORROWER RESPONSE TO DENIAL OF PRIMARY LOAN SERVICING

FOR BORROWERS WHO RECEIVED FORM FSA-2512 AND APPLIED FOR SERVICING








TO: Farm Service Agency


[FSA Office Name/Address]


[Office Address]


[City, State, Zip Code]



I have received and read your Denial of Primary Loan Servicing. (Check the appropriate blocks below:)


A. I will pay my FSA account current if I am delinquent. (Please contact your local office if you require any further

information.)


B. I will pay FSA the full amount of the Current Market Value Buyout (CMV) as described in form FSA-2523.

(Only applicable if you were offered CMV.)


C. I would like to request Reconsideration as described in form FSA-2523. The deadline is 30 days from the date

you received form FSA-2523.

D. I would like to request Mediation as described in form FSA-2523.


E. I would like to request Negotiation of the Appraisal as described in form FSA-2523.


F. I would like to Appeal as described in form FSA-2523.



This form must be signed by at least one party (entity or individual) that executed the promissory note(s) or assumption agreement(s), and has not previously been released of liability for the debt.


1A. Borrower’s Name

1B. Signature

1C. Date

     


     

2A. Borrower’s Name

2B. Signature

2C. Date

     


     

3A. Borrower’s Name

3B. Signature

3C. Date

     


     

4A. Borrower’s Name

4B. Signature

4C. Date

     


     

FSA-2524 (12-31-07) Page 2


Note:

The following statement are made in accordance with the Privacy Act of 1974 (5 USC 552a): the Farm Service Agency (FSA) is authorized by the Consolidated Farm and Rural Development Act, (7 USC 1921 et seq , and the regulations promulgated thereunder, to solicit the information requested on this form. The information requested is necessary for FSA to determine eligibility for financial assistance, service your loan, and conduct statistical analyses. Supplied information maybe furnished to other Department of Agriculture agencies, the Department of the Treasury, the Department of Justice or other law enforcement agencies, the Department of Defense, the Department of Housing and Urban Development, the Department of Labor, the United States Postal Service, or other Federal, State, or local agencies as required or permitted by law. In addition, information may be referred to interested parties under the Freedom of Information Act (FOIA), to financial consultants, advisors, lending institutions, packagers, agents, and private or commercial credit sources, to collection or servicing contractors, to credit reporting agencies, to private attorneys under contract with FSA or the Department of Justice, to business firms in the trade area that buy chattel or crops or sell them for commission, to Members of Congress or Congressional staff members, or to courts or adjudicative bodies. Disclosure of the information requested is voluntary. However, failure to disclose certain items of information requested, including your Social Security Number or Federal Tax Identification Number, may result in a delay in the processing of this form or its rejection.


According to the Paperwork Reduction Act of 1995, an agency may not conduct or sponsor, and a person is not required to respond to, a collection of information

unless it displays a valid OMB control number. The valid OMB control number for this information collection is 0560-0233. The time required to complete this information collection is estimated to average 30 minutes 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. RETURN THIS COMPLETED FORM TO YOUR LOCAL FSA OFFICE.



The U.S. Department of Agriculture (USDA) prohibits discrimination in all its programs and activities on the basis of race, color, national origin, age, disability, and where applicable, sex, marital status, familial status, parental status, religion, sexual orientation, genetic information, political beliefs, reprisal, or because all or part of an individual's income is derived from any public assistance program. (Not all prohibited bases apply to all programs.) Persons with disabilities who require alternative means for communication of program information (Braille, large print, audiotape, etc.) should contact USDA's TARGET Center at (202) 720-2600 (voice and TDD). To file a complaint of discrimination, write to USDA, Director, Office of Civil Rights, 1400 Independence Avenue, S.W., Washington, D.C. 20250-9410, or call (800) 795-3272 (voice) or

(202) 720-6382 (TDD). USDA is an equal opportunity provider and employer.


File Typeapplication/msword
File TitleThis form is available electronically
Authoranita.crowell
Last Modified Bymaryann.ball
File Modified2010-08-31
File Created2010-08-31

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