40 CFR 13.26: Payment of compromised claims.
Where this section sits in the code
- Title 40—Protection of Environment
- CHAPTER I—ENVIRONMENTAL PROTECTION AGENCY
- SUBCHAPTER A—GENERAL
- PART 13—CLAIMS COLLECTION STANDARDS
- 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