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Federal regulations · Through 2026-08-25 · Newer source version available

12 CFR 1073.209: Request for offset to other Federal agencies.

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Where this section sits in the code
  1. Title 12—Banks and Banking
  2. CHAPTER X—CONSUMER FINANCIAL PROTECTION BUREAU
  3. PART 1073—PROCEDURES FOR BUREAU DEBT COLLECTION
  4. Subpart B—Administrative Offset

The Director may request that a debt owed to the Bureau be administratively offset against funds due and payable to a debtor by another Federal agency. In requesting administrative offset, the Bureau, as the creditor agency, will provide written certification to the Federal agency holding funds payable to the debtor, stating:

(a) That the debtor owes the debt;

(b) The amount and basis of the debt; and

(c) That the Bureau has fully complied with the requirements of its own administrative offset regulations and the applicable provisions of 31 U.S.C. 3716.

Collected 2026-08-27T02:24:16Z. Source file · JSON

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