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USDA Halts Debt Collection for Certain Loans

The USDA announced plans to suspend past-due debt collections and foreclosures on USDA farm loans as a result of the COVId-19 pandemic. USDA is also extending deadlines for borrowers to respond to local servicing actions, including loan deferral consideration. Private leaders are also being offered flexibility on loans guaranteed by USDA.

More below:

https://www.usda.gov/media/press-releases/2021/01/27/usda-temporarily-suspends-debt-collections-foreclosures-and-other