§ 1506.46 - When is USADF not required to transfer a debt to BFS?


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  • § 1506.46 When is USADF not required to transfer a debt to BFS?

    USADF is not required to transfer a debt to BFS pursuant to § 1506.37(b) during the period of time that the debt:

    (a) Is in litigation or foreclosure;

    (b) Is scheduled for sale;

    (c) Is at a private collection contractor;

    (d) Is at a debt collection center if the debt has been referred to a Treasury-designated debt collection center;

    (e) Is being collected by internal offset; or

    (f) Is covered by an exemption granted by Treasury.