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7 CFR 766.114

§ 766.114 State-certified mediation or voluntary meeting of creditors.

United States · 7 CFR — Agriculture · Status: effective

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7 CFR 766.114, § 766.114 State-certified mediation or voluntary meeting of creditors, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/19992
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Full text

(a) A borrower who is unable to develop a feasible plan but is otherwise eligible for primary loan servicing may request: (1) State-certified mediation; or (2) Voluntary meeting of creditors when a State does not have a certified mediation program. (b) Any negotiation of the Agency's appraisal must be completed before State-certified mediation or voluntary meeting of creditors.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.