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

12 CFR 313.82: Debtor's rights.

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Where this section sits in the code
  1. Title 12—Banks and Banking
  2. CHAPTER III—FEDERAL DEPOSIT INSURANCE CORPORATION
  3. SUBCHAPTER A—PROCEDURE AND RULES OF PRACTICE
  4. PART 313—PROCEDURES FOR COLLECTION OF CORPORATE DEBT, CRIMINAL RESTITUTION DEBT, AND CIVIL MONEY PENALTY DEBT
  5. Subpart D—Administrative Wage Garnishment

The FDIC shall afford the debtor the opportunity:

(a) To inspect and copy records related to the debt;

(b) To enter into a written repayment agreement with the FDIC, under terms agreeable to the FDIC; and

(c) To the extent that a debt owed has not been established by judicial or administrative order, to request a hearing concerning the existence or amount of the debt or the terms of the repayment schedule. With respect to debts established by a judicial or administrative order, a debtor may request a hearing concerning the payment or other discharge of the debt. The debtor is not entitled to a hearing concerning the terms of the proposed repayment schedule if these terms have been established by written agreement.

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

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