Code of Federal Regulations · Section
§ 213.26 — Payment Of Compromised Claims
22 C.F.R. § 213.26
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The CFO normally will not approve a debtor's request to pay a compromised claim in installments. However, where the CFO determines that payment of a compromise by installments is necessary to effect collection, a debtor's request to pay in installments may be approved.
Authorizing Statute
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Authority and functions of agency Chief Financial Officers31 U.S.C. § 902
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Exercise of functions22 U.S.C. § 2381
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Installment deduction for indebtedness to the United States5 U.S.C. § 5514