22 CFR 1506.12 - What happens if my debt becomes past due?

Regulations last checked for updates: May 19, 2024

Title 22 - Foreign Relations last revised: May 13, 2024

View all text of Subpart B [§ 1506.9 - § 1506.19]

§ 1506.12 - What happens if my debt becomes past due?

USADF will transfer to the Department of Treasury's Bureau of Fiscal Services (BFS) any past due, legally enforceable non-tax debt that has been delinquent for 120 days or more for administrative offset, and delinquent for 180 days or more for other collections. BFS may take appropriate action to collect the debt in accordance with applicable law and regulation. USADF may transfer any past due, legally enforceable debt that has been delinquent for fewer than 120 days to BFS for collection in accordance with applicable law and regulation.

authority: Title V of the International Security and Development Cooperation Act of 1980, 22 U.S.C. 290h; 31 U.S.C. 3701-3719; 5 U.S.C. 5514; 31 CFR part 285; 31 CFR 900-904; 5 CFR 550, subpart K; 31 U.S.C. 3720A.

source: 81 FR 95028, Dec. 27, 2016, unless otherwise noted.

cite as: 22 CFR 1506.12