Code of Federal Regulations · Section
§ 1506.38 — Under What Circumstances May Usadf Terminate Collection Actions?
22 C.F.R. § 1506.38
View:
USADF may terminate collection actions including accrued interest, penalty and administrative costs, where the debt principal does not exceed $100,000. If the debt exceeds $100,000, USADF must obtain the approval from DOJ to terminate further collection actions. Unless otherwise provided for by DOJ regulations, requests to terminate collection on debts in excess of $100,000 are referred to the Commercial Litigation Branch, Civil Division, Department of Justice, for approval.
Authorizing Statute
-
Installment deduction for indebtedness to the United States5 U.S.C. § 5514
-
Reduction of tax refund by amount of debt31 U.S.C. § 3720A
-
Congressional findings22 U.S.C. § 290h