Current through October 31, 2024
Section 422.306 - Report of overdue administrative debts to credit reporting agencies(a)Debts we will report. We will report to credit reporting agencies all overdue administrative debts over $25. Some examples of administrative debts are as follows: debts for civil monetary penalties imposed under section 1140(b) of the Act, debts for unpaid fees for reimbursable services performed by SSA (e.g., disclosures of information), and contractor debts.(b)Notice to debtor. Before we report any administrative debt to a credit reporting agency, we will send the debtor written notice of the following: (1) We have determined that payment of the debt is overdue;(2) We will refer the debt to a credit reporting agency at the expiration of not less than 60 calendar days after the date of the notice unless, within that 60-day period, the debtor pays the full amount of the debt or takes either of the actions described in paragraphs (b)(6) or (b)(7) of this section;(3) The specific information we will provide to the credit reporting agency, including information that identifies the debtor (e.g., name, address, social security number, and employer identification number) and the amount, status, and history of the debt;(4) The debtor has the right to a complete explanation of the debt;(5) The debtor may dispute the accuracy of the information to be provided to the credit reporting agency;(6) The debtor may request a review of the debt by giving us evidence showing that he or she does not owe all or part of the amount of the debt or that we do not have the right to collect it; and(7) The debtor may request an installment payment plan.