# Farm Loan Programs Account Servicing Policies-Elimination of 30-Day Past-Due Period
> **Farm Service Agency** · Final rule. · Published 2004-02-04 · Effective 2004-03-05 · 69 FR 5264
## Document
- **Document number:** 04-1792
- **Category:** farm-program
- **Sub-agency:** Farm Service Agency
- **Federal Register citation:** 69 FR 5264
- **CFR reference:** 7 CFR 1951
- **Publication date:** 2004-02-04
- **Effective date:** 2004-03-05
## Abstract

The Farm Service Agency (FSA) is amending its regulations to eliminate the 30-day past-due period prior to a determination that the borrower is delinquent and clarify the use of the terms "delinquent" and "past due" with regard to direct loan servicing and offset. Because the regulation only allows debt writedown after a borrower becomes delinquent, this change would allow Farm Loan Programs (FLP) borrowers to receive debt writedown on the day after a missed payment, assuming all other primary loan servicing criteria are met, instead of waiting 31 days.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2004/02/04/04-1792/farm-loan-programs-account-servicing-policies-elimination-of-30-day-past-due-period)
---
*AI Analytics · CC0 1.0*