Code of Federal Regulations (Last Updated: February 15, 2024) |
Title 24 - Housing and Urban Development |
Subtitle A - Office of the Secretary, Department of Housing and Urban Development |
Part 17 - Administrative Claims |
Subpart A - Claims Against Government Under Federal Tort Claims Act |
§ 17.62 - Subdivision and joining of claims.
Latest version.
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(a) A debtor's liability arising from a particular transaction or contract shall be considered as a single claim in determining whether the claim is one not exceeding $100,000 exclusive of interest for the purpose of compromise or termination of collection action. Such a claim may not be subdivided to avoid the monetary ceiling established by the Act.
(b) Joining of two or more single claims in a demand upon a particular debtor for payment totaling more than $100,000 does not preclude compromise or termination of collection action with respect to any one of such claims that does not exceed $100,000 exclusive of interest.
[59 FR 34579, July 6, 1994]