7 C.F.R. § 766.103

Borrower does not respond or does not submit a complete application.

Last amended: 2020Year: 2026Length: 138 wordsSubsections: 2Official source

Cite as 7 C.F.R. § 766.103 (2026)

(a) If a borrower, who is financially distressed or current, requested loan servicing and received FSA-2512, but fails to respond timely and subsequently becomes 90 days past due, the Agency will notify the borrower in accordance with § 766.101(a)(2). (b) If a borrower who is 90 days past due and received FSA-2510 or FSA-2510-IA, or is in non-monetary, or both monetary and non-monetary default and received FSA-2514, and fails to timely respond or does not submit a complete application within the 60-day timeframe, the Agency will notify the borrower by certified mail of the following: (1) The Agency's intent to accelerate the loan; and (2) The borrower's right to request reconsideration, mediation and appeal in accordance with 7 CFR parts 11 and 780. [72 FR 63316, Nov. 8, 2007, as amended at 85 FR 36693, June 17, 2020]
Cross-references to the CFR
766.101
7 C.F.R. § 766.103: Borrower does not respond or does not submit a complete application. | Justis AI