debt forgiveness

(A)Except as provided in subparagraph (B), the term “debt forgiveness” means reducing or terminating a farmer program loan made or guaranteed under this chapter, in a manner that results in a loss to the Secretary, through— (i)writing down or writing off a loan undersection 2001 of this title; (ii)compromising, adjusting, reducing, or charging-off a debt or claim undersection 1981 of this title; (iii)paying a loss on a guaranteed loan undersection 2005 of this title; or (iv)discharging a debt as a result of bankruptcy.


7 USC § 1991(a)(12)(A)

Scoping language

As used in this chapter
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