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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 15 - Commerce and Foreign Trade |
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Subtitle A - Office of the Secretary of Commerce |
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Part 19 - Commerce Debt Collection |
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Subpart B - Procedures To Collect Commerce Debts |
§ 19.6 - When will Commerce entities allow a debtor to pay a Commerce debt in installments instead of one lump sum?
Latest version.
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§ 19.6 When will Commerce entities allow a debtor to pay a Commerce debt in installments instead of one lump sum?
If a debtor is financially unable to pay the Commerce debt in one lump sum, a Commerce entity may accept payment of a Commerce debt in regular installments, in accordance with the provisions of 31 CFR 901.8 and the Commerce entity's policies and procedures.