1. Regulations
  2. title 31
  3. part 29
  4. subpart E
  5. § 29.504

View all text of Subpart E [§ 29.501 - § 29.526]

§ 29.504 - Status of debts.

A payment of a Federal Benefit Payment to a debtor because of an error on the part of the Department or Benefits Administrator, or the failure of the creditor agency to properly and/or timely submit a debt claim, does not erase the debt or affect the validity of the claim by the creditor agency.

AUTHORITY: Subtitle A and Chapter 3 of Subtitle H, of Pub. L. 105-33, 111 Stat. 712-731 and 786-787; as amended.

SOURCE: 65 FR 77501, Dec. 12, 2000, unless otherwise noted.

CITE AS: 31 CFR 29.504