Code of Federal Regulations · Section
§ 19.6 — When Will Commerce Entities Allow A Debtor To Pay A Commerce Debt In Installments Instead Of One Lump Sum?
15 C.F.R. § 19.6
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If a debtor is financially unable to pay the Commerce debt in one lump sum, a Commerce entity may accept payment of a Commerce debt in regular installments, in accordance with the provisions of 31 CFR 901.8 and the Commerce entity's policies and procedures.
Authorizing Statute
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Definitions and application31 U.S.C. § 3701