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Debt Collection

Publication Details
Type
Final Rule
Document Number
2011-7341
Federal Register Publish Date
03/29/2011
Effective Date
03/29/2011
Rulemaking Details
Rulemaking

Debt Collection

03/29/2011
Number
RIN-2590-AA15
Group
Other
CFR
12 CFR 1208; 12 CFR 1704
Effective Date

Debt Collection

Contact Information

FOR FURTHER INFORMATION CONTACT: Andra Grossman, Senior Counsel, telephone (202) 343–1313 or Gail F. Baum, Associate General Counsel, telephone (202) 343–1508 (not toll-free numbers); Federal Housing Finance Agency, Fourth Floor, 1700 G Street, NW., Washington, DC 20552. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.

Summary

SUMMARY: The Federal Housing Finance Agency (FHFA) publishes this final rule to adopt, without change, the interim final rule that was published in the Federal Register on November 10, 2010, setting forth procedures for use by FHFA in collecting debts owed to the Federal Government. The final rule implements the requirements of the Federal Claims Collection Act and the Debt Collection Improvement Act of 1996, and includes procedures for collection of debts through salary offset, administrative offset, tax refund offset, and administrative wage garnishment.

DATES: The final rule is effective on March 29, 2011.​