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Show Problems Solved i With FDA Loans .Many Franklin county farmers hose, operations, or tenure are threatened by accrued debts they cannot hope lo meet, are solving Llieir problems through the help of the local farm debt adjustment committee, reports Glen B. Johnson, John-son, cotiniy supervisor, farm secur iiy administration, Greaves Building, Build-ing, Preston, Idaho. "Farm debt adjustment services 1 are available to all farmers or ! farm creditors in the county where 1 voluntary negotiations between I debtor and creditor may result in reestablishing operations of a farm I on a sound basis," Johnson said. "Where foreclosure threatens or 1 a serious situation has developed, ! the Farm Security Administration ' through the icounty debt adjust-I adjust-I ment committee, county supervisor j or district FDA specialist attempt 1 , to voluntarily work out a lair and j ; (titiitable basis upon which the 1 debts can be met through an understanding un-derstanding between debtor and creditor." All negotiations are held in the stiictest confidence and nearly al-i al-i ways result in a friendly settle ment satisfactory to both parties coi.-eeriied, it was explained. Adjustments Ad-justments are usually effected thru consolidation of debts, amortiza tion of old obligations, reductions ! ihrugh cash settlement or refinancing, refi-nancing, and similar devices. Franklin County's debt adjustment adjust-ment committee is made up of C. i L. Sweiison, Preston, R. W. Geddes, j Preston, and Zan Marshall, Fres-j Fres-j ton. Idaho. Where difficult or com. plicated cases arise, services of j Will'ord Smith, Ditsrict Debt Adjustment Ad-justment Specialist,' Preston, Idaho, Ida-ho, are available. Application for assistance may be made directly to any member of the county committee, district or county FSA supervisor. |