# 7 C.F.R. § 1962.7 (2026): Securing unpaid balances on unsecured loans

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T7_P1962_S1962_7

## Section

- **Citation:** 7 C.F.R. § 1962.7 (2026)
- **Heading:** Securing unpaid balances on unsecured loans
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 7 CFR: Agriculture / Chapter XVIII: RURAL HOUSING SERVICE, RURAL BUSINESS-COOPERATIVE SERVICE, AND RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE / Part 1962: PERSONAL PROPERTY / Subpart A: Servicing and Liquidation of Chattel Security / § 1962.7: § 1962.7   Securing unpaid balances on unsecured loans.

## Text

The County Supervisor will take a lien on a borrower's chattel property in accordance with § 1962.6 of this subpart if it is necessary to rely on such property for the collection of the borrower's unsecured indebtedness, or if it will assist in accomplishing loan objectives.

## Nearby sections

- [7 C.F.R. § 1962.1 (2026) § 1962.1   Purpose.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1962_S1962_1.md)
- [7 C.F.R. § 1962.2 (2026) § 1962.2   Policy.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1962_S1962_2.md)
- [7 C.F.R. § 1962.3 (2026) § 1962.3   Authorities and responsibilities.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1962_S1962_3.md)
- [7 C.F.R. § 1962.4 (2026) § 1962.4   Definitions.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1962_S1962_4.md)
- [7 C.F.R. § 1962.6 (2026) § 1962.6   Liens and assignments on chattel property.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1962_S1962_6.md)
- [7 C.F.R. § 1962.7 (2026) § 1962.7   Securing unpaid balances on unsecured loans.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1962_S1962_7.md)
- [7 C.F.R. § 1962.8 (2026) § 1962.8   Liens on real estate for additional security.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1962_S1962_8.md)
- [7 C.F.R. § 1962.13 (2026) § 1962.13   Notification to potential purchasers.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1962_S1962_13.md)
- [7 C.F.R. § 1962.14 (2026) § 1962.14   Account and security information in UCC cases.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1962_S1962_14.md)
- [7 C.F.R. § 1962.16 (2026) § 1962.16   Accounting by County Supervisor.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1962_S1962_16.md)
- [7 C.F.R. § 1962.17 (2026) § 1962.17   Disposal of chattel security, use of proceeds and release of lien.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1962_S1962_17.md)
- [7 C.F.R. § 1962.18 (2026) § 1962.18   Unapproved disposition of chattel security.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1962_S1962_18.md)
- [7 C.F.R. § 1962.19 (2026) § 1962.19   Claims against Commodity Credit Corporation (CCC).](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1962_S1962_19.md)
- [7 C.F.R. § 1962.26 (2026) § 1962.26   Correcting errors in security instruments.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1962_S1962_26.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T7_P1962_S1962_7. Check the current official text before relying on it. Not legal advice.