(a) General. If a debt is eligible for settlement, the debt settlement authorities of the Farmers Home Administration or its successor agency under Public Law 103-354 (FmHA or its successor agency under Public Law 103-354) should be explained and the privileges thereof extended to the debtor. All debtors are entitled to impartial treatment and uniform consideration under this subpart. Accordingly, FmHA or its successor agency under Public Law 103-354 personnel charged with any responsibility in connection with debt settlement will adhere strictly to the authorizations, requirements, and limitations in this subpart.
(b) For hospitals and health care facilities only. Loan servicing and debt restructuring options according to Sec. 1956.143 of this subpart must be exhausted before the other settlement authorities of this subpart are applicable. [53 FR 13100, Apr. 21, 1988, as amended at 59 FR 46160, Sept. 7, 1994] Sec. Sec. 1956.103-1956.104 [Reserved]