§ 1506.38. Under what circumstances may USADF terminate collection actions?
68 words·~1 min read·
/us/cfr/t22/s§ 1506.38·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
USADF may terminate collection actions including accrued interest, penalty and administrative costs, where the debt principal does not exceed \$100,000. If the debt exceeds \$100,000, USADF must obtain the approval from DOJ to terminate further collection actions. Unless otherwise provided for by DOJ regulations, requests to terminate collection on debts in excess of \$100,000 are referred to the Commercial Litigation Branch, Civil Division, Department of Justice, for approval.