1. Regulations
  2. title 22
  3. chapter XV
  4. part 1506
  5. subpart H
  6. § 1506.46

View all text of Subpart H [§ 1506.45 - § 1506.46]

§ 1506.46 - When is USADF not required to transfer a debt to BFS?

USADF is not required to transfer a debt to BFS pursuant to § 1506.37(b) during the period of time that the debt:

(a) Is in litigation or foreclosure;

(b) Is scheduled for sale;

(c) Is at a private collection contractor;

(d) Is at a debt collection center if the debt has been referred to a Treasury-designated debt collection center;

(e) Is being collected by internal offset; or

(f) Is covered by an exemption granted by Treasury.

AUTHORITY: Title V of the International Security and Development Cooperation Act of 1980, 22 U.S.C. 290h; 31 U.S.C. 3701-3719; 5 U.S.C. 5514; 31 CFR part 285; 31 CFR 900-904; 5 CFR 550, subpart K; 31 U.S.C. 3720A.

SOURCE: 81 FR 95028, Dec. 27, 2016, unless otherwise noted.

CITE AS: 22 CFR 1506.46