Current through October 31, 2024
Section 111.52 - Administrative collection of claims(a) The Commission shall act to collect all claims or debts. These collection activities will be undertaken promptly and follow up action will be taken as appropriate in accordance with 31 CFR 901.1 .(b) The Commission may take any and all appropriate collection actions authorized and required by the Debt Collection Act of 1982, as amended by the Debt Collection Improvement Act of 1996, 31 U.S.C. 3701 et seq. The U.S. Department of the Treasury regulations at 31 CFR 285.2 , 285.4 , 285.7 , and 285.11 , and the Federal Claims Collection Standards issued jointly by the Department of Justice and the U.S. Department of the Treasury at 31 CFR parts 900 - 904, also apply. The Commission has adopted these regulations by cross-reference.(c) The Commission will refer to the Dept. of Treasury all debt that has been delinquent for more than 180 days, and may refer to the Dept. of Treasury any debt that has been delinquent for 180 days or less. On behalf of the Commission, the U.S. Department of the Treasury will attempt to collect the debt, in accordance with the statutory and regulatory requirements and authorities applicable to the debt and action. This may include referral to another debt collection center, or a private collection contractor. See31 CFR 285.12 (Transfer of debts to Treasury for collection). This requirement does not apply to any debt that: (1) Is in litigation or foreclosure;(2) Will be disposed of under an approved asset sale program;(3) Has been referred to a private collection contractor for a period of time acceptable to the U.S. Department of the Treasury; or(4) Will be collected under internal offset procedures within three years after the debt first became delinquent.(d) The U.S. Department of the Treasury is authorized to charge a fee for services rendered regarding referred or transferred debts. The Commission will add the fee to the debt as an administrative cost, in accordance with 11 CFR 111.55 .