CFR > Title 24 - Housing and Urban Development > SUBTITLE A—Office of the Secretary, Department of Housing and Urban Development > PART 17—ADMINISTRATIVE CLAIMS > SUBPART C—Procedures for the Collection of Claims by the Government (§17.60 to §17.170) > 17.159—Application of offset funds: Federal payment is insufficient to cover amount of debt.

17.159—Application of offset funds: Federal payment is insufficient to cover amount of debt.

If an offset of a Federal payment is insufficient to satisfy a debt, the Secretary will continue the certification to the Department of the Treasury to collect further on the debt. If, in the following year, the debt has become legally unenforceable because of the lapse of the statute of limitations, the debt will be reported to the IRS as a cancelled debt in accordance with § 17.150(d).

Code of Federal Regulations

[67 FR 47435, July 18, 2002]