Code of Federal Regulations · Section
§ 1506.34 — Can I Pay A Compromised Claim In Installments?
22 C.F.R. § 1506.34
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The debtor may not pay a compromised claim in installments unless the CFO determines that payment in installments is necessary to effect collection.
Authorizing Statute
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Installment deduction for indebtedness to the United States5 U.S.C. § 5514
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Reduction of tax refund by amount of debt31 U.S.C. § 3720A
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Congressional findings22 U.S.C. § 290h