Farm Debt Mediation Service: Step 4. After you apply
- Step 1. What this program offers
- Step 2. Who is eligible
- Step 3. How to apply
- Step 4. After you apply
- Contact information
Step 4. After you apply
As soon as we confirm that you are eligible for the Service, a qualified financial consultant will be assigned to work with you throughout the mediation process. The consultant will visit your farm to learn how your operation works, then will:
- assess your current financial situation
- explore options and develop a plan for the future
- collect financial information to prepare a financial statement and recovery plan
- complete projections to evaluate the viability of the plan
- contact creditors to verify amounts owed
- attend the mediation meeting and assist you with negotiations
Service standards
Due to the extraordinary circumstances caused by COVID-19, it is anticipated that the delivery of services will take longer than the published service standard.
Once you submit an application, our goal is to achieve our service standards at a minimum of 80% of the time under normal circumstances:
- Our goal is to respond to general inquiries made to our phone number or email address before the end of the next business day;
- Our goal is to notify you if your application has been accepted or not by the end of the next business day;
- Our goal is to have all necessary documentation sent to creditors and producer seven (7) business days prior to the mediation meeting;
- Our goal is to schedule the first mediation meeting within 70 calendar days after acceptance of your application.
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