Transcription of Chapter 6 Delinquent Debt Collection
{{id}} {{{paragraph}}}
Example: air traffic controller
Chapter 6 Delinquent Debt Collection
Chapter 6 Delinquent debt Collection 6-1 Overview Agencies should have fair but aggressive programs to recover Delinquent debt , including defaulted guaranteed loans acquired by the Federal Government. Each program should include a debt Collection strategy, consistent with governmentwide and agency requirements, to restore the Delinquent debts to current status or, if unsuccessful, maximize Collection on the agency's accounts. The strategy should further promote the resolution of delinquencies as quickly as possible, since the ability of an agency to collect its Delinquent debts will generally decrease as the debts become older. The strategy should take into account that debts within the jurisdiction of the bankruptcy courts are subject to the provisions of the United States Bankruptcy Code (see page 6-57).
Delinquent Debt Collection 6-5 Debt Collection Improvement Act of 1996. T h e Debt Collection Improvement Act of 1996 (DCIA) provided Federal agencies with a variety of delinquent debt collection tools. The DCIA: centralized delinquent debt collection at the Department of the Treasury (Treasury), requiring Treasury to pursue delinquent debts
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: