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Form RD-PA 1955-C-2 (05/02) AGREEMENT/RELEASE OF RESTRICTION Agreement made this day of, 20, between the United States of America, acting through the Under Secretary of Rural Development, on behalf
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What is form rd pa?
Form RD PA is a form used by the United States Department of Agriculture (USDA) Rural Development program for the purpose of documenting a payment arrangement between a borrower and the agency.
Who is required to file form rd pa?
Borrowers who have a loan with the USDA Rural Development program and wish to arrange a payment plan are required to file form RD PA.
How to fill out form rd pa?
To fill out form RD PA, borrowers need to provide their personal and loan information, explain the reasons for requesting a payment arrangement, and propose a feasible payment plan.
What is the purpose of form rd pa?
The purpose of form RD PA is to establish a formal payment arrangement between a borrower and the USDA Rural Development program in cases where the borrower is experiencing financial hardship.
What information must be reported on form rd pa?
Borrowers filing form RD PA are required to report personal information such as their name, contact details, and loan information. They also need to explain the reasons for financial hardship and propose a payment plan.
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