GroundRules
← Search the law
Federal regulations · Through 2026-08-25 · Newer source version available

40 CFR 13.26: Payment of compromised claims.

Read at publisher ↗
Where this section sits in the code
  1. Title 40—Protection of Environment
  2. CHAPTER I—ENVIRONMENTAL PROTECTION AGENCY
  3. SUBCHAPTER A—GENERAL
  4. PART 13—CLAIMS COLLECTION STANDARDS
  5. Subpart D—Compromise of Debts

The Administrator normally will not approve a debtor's request to pay a compromised claim in installments. However, where the Administrator determines that payment of a compromise by installments is necessary to effect collection, a debtor's request to pay in installments may be approved. Normally, where installment repayment is approved, the debtor will be required to execute a confess-judgment agreement which accelerates payment of the balance due upon default.

Collected 2026-08-27T02:26:04Z. Source file · JSON

Browse this collection