C.F.R. » Title 7 » CHAPTER XVIII—RURAL HOUSING SERVICE, RURAL BUSINESS-COOPERATIVE SERVICE, AND RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE › SUBCHAPTER H—PROGRAM REGULATIONS › PART 1962—PERSONAL PROPERTY › Subpart A—Servicing and Liquidation of Chattel Security

7 C.F.R. § 1962.7

Securing unpaid balances on unsecured loans

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The County Supervisor will take a lien on a borrower's chattel property in accordance with § 1962.6 of this subpart if it is necessary to rely on such property for the collection of the borrower's unsecured indebtedness, or if it will assist in accomplishing loan objectives.

Notes of Decisions
Cited in 1 case, 1986–1986 · leading case: Coleman v. Block, 632 F. Supp. 1005 (D.N.D. 1986).
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Coleman v. Block, 632 F. Supp. 1005 (D.N.D. 1986). “45787 (1985) (to be codified at 7 C.F.R. § 1962.7 ). The form is ordinarily to be completed by the FmHA county supervisor with the assistance of the borrower, but if the county supervisor and the borrower cannot agree on how to complete the form and the form is not being…”
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