§2001. Debt restructuring and loan servicing — Inbound Citations

Code of Federal Regulations Citations

Cited by 1 regulation in the Code of Federal Regulations.

• 7 C.F.R. § 761.2(b)(7)(i)(A) — Abbreviations and definitions.

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Citations to 7 U.S.C. § 2001 as a whole

• 7 U.S.C. § 1985(f)(3)(B)

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  (B) as of the deadline for responding to the notice provided for under paragraph (5), requests restructuring of such loans pursuant to section 2001 of this title.

• 7 U.S.C. § 1985(f)(5)(C)

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  (C) Within 12 months after a borrower has requested restructuring under section 2001 of this title, the Secretary shall make a final determination on the request. Notwithstanding the 12-month limitation provided for in paragraph (3), releases shall continue to be made to the borrower until a denial or dismissal of the application of the borrower for restructuring under section 2001 of this title is made. The amount of essential household and farm operating expenses which may be released to any borrower eligible for such releases after 12 months may exceed $18,000, by an amount proportionate to the period of time beyond 12 months before a final determination is made by the Secretary.

• 7 U.S.C. § 1991(a)(12)(A)(i)

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  (i) writing down or writing off a loan under section 2001 of this title;

• 7 U.S.C. § 1991(b)

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  (b) As used in sections 1927(d), 1981d, 1985(e) and (f), 1988(b), 2000(b) and (c), 2001, and 2005 of this title:

  (1) The term “borrower” means any farm borrower who has outstanding obligations to the Secretary under any farmer program loan, without regard to whether the loan has been accelerated, but does not include any farm borrower all of whose loans and accounts have been foreclosed on or liquidated, voluntarily or otherwise.

  (2) The term “loan service program” means, with respect to a farmer program borrower, a primary loan service program or a preservation loan service program.

  (3) The term “primary loan service program” means—

  (A) loan consolidation, rescheduling, or reamortization;

  (B) interest rate reduction, including the use of the limited resource program;

  (C) loan restructuring, including deferral, set aside, or writing down of the principal or accumulated interest charges, or both, of the loan; or

  (D) any combination of actions described in subparagraphs (A), (B), and (C).

  (4) The term “preservation loan service program” means homestead retention as authorized under section 2000 of this title.

• 7 U.S.C. § 2001a

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  The Secretary shall establish and implement a program that is similar to the program established under section 2001 of this title, except that the debt restructuring and loan servicing procedures shall apply to delinquent community facility program loans (rather than delinquent farmer program loans) made by the Farmers Home Administration to a hospital or health care facility under section 1926(a) of this title.

• 7 U.S.C. § 2008h(b)(2)(A)(i)

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  (i) was restructured with a write-down under section 2001 of this title;

• 7 U.S.C. § 2008h(b)(2)(B)(ii)

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  (ii) For purposes of clause (i), a borrower who was restructured with a write-down or restructuring under section 2001 of this title shall not be considered to have received debt forgiveness on a loan made or guaranteed under this chapter.

Citations to §2001(e)

• 7 U.S.C. § 2005(b)(3)

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  (3) This subsection shall not be construed to limit the authority of the Secretary to enter into a shared appreciation arrangement with a borrower, or the terms and conditions which shall be required of a borrower, under section 2001(e) of this title.