7 C.F.R. § 3.12

Current through October 31, 2024
Section 3.12 - Reporting of debts to Credit Reporting Agencies
(a) In demand letters to debtors sent in accordance with § 3.11 , agencies will inform debtors:
(1) The intent of the agency to report the delinquent debt to credit reporting agencies after 60 days;
(2) The specific information to be transmitted (that is, name, address, and taxpayer identification number, information about the debt);
(3) The actions which may be taken by the debtor to prevent the reporting (that is, repayment in full or a repayment agreement); and
(4) The rights of the debtor to request review of the existence of the debt in accordance with subpart F of this part.
(b) Disclosure of delinquent consumer debts must be consistent with the requirements of 31 U.S.C. 3711(e) , the Privacy Act of 1974 ( 5 U.S.C. 552a ), the Bankruptcy Code, and 31 CFR 901.4 .
(c) When an agency has given a debtor any of the notices required by this part and an opportunity for administrative review under subpart F of this part, the agency need not duplicate such notice and review opportunities before reporting the delinquent debt to credit reporting agencies.
(d) Agencies will not disclose a delinquent debt to a credit reporting agency if a debtor requests review under subpart F of this part until a final determination is made by a reviewing official that upholds the agency intent to disclose.

7 C.F.R. § 3.12

85 FR 36672, 6/17/2020