102.163—Opportunity for repayment.
(a)
The Agency shall afford the debtor the opportunity to repay the debt or enter into a repayment plan which is agreeable to the Agency and is in a written form signed by such debtor. The Agency 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.
(b)
The Agency has discretion and should exercise sound judgment in determining whether to accept a repayment agreement in lieu of administrative offset.