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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 36 - Parks, Forests, and Public Property |
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Chapter X - Presidio Trust |
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Part 1011 - Debt Collection |
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Subpart B - Procedures To Collect Presidio Trust Debts |
§ 1011.14 - How will the Presidio Trust report debts to credit bureaus?
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§ 1011.14 How will the Presidio Trust report debts to credit bureaus?
The Presidio Trust will report delinquent debts to credit bureaus in accordance with the provisions of 31 U.S.C. 3711(e) and the FCCS. At least 60 days prior to reporting a delinquent debt to a consumer reporting agency, the Presidio Trust will send notice to the debtor in accordance with the requirements of § 1011.4 of this part. The Presidio Trust may authorize the FMS to report to credit bureaus those delinquent debts that have been transferred to the FMS under § 1011.9 of this part.