Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 29 - Labor |
Subtitle A - Office of the Secretary of Labor |
Part 20 - Federal Claims Collection |
Subpart A - Disclosure of Information to Credit Reporting Agencies |
§ 20.6 - Opportunity for repayment.
Latest version.
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§ 20.6 Opportunity for repayment.
The Department of Labor agency responsible for collecting the claim shall afford the debtor the opportunity to repay the debt or enter into a repayment plan which is agreeable to the head of the agency and is in a written form signed by such debtor. The head of the agency (or designee) may deem a repayment plan to be abrogated if the debtor should, after the repayment plan is signed, fail to comply with the terms of the plan.