{"data":{"id":"us/12-cfr-1073.102","jurisdiction":"us","citation":"12 CFR 1073.102","heading":"Purpose.","body":"The purpose of this part is to implement Federal statutes and regulatory standards authorizing the Bureau to collect debts owed to the United States. This part is intended to be consistent with the following Federal statutes and regulations:\n(1) DCIA at 31 U.S.C. 3711 (collection and compromise of claims), section 3716 (administrative offset), section 3717 (interest and penalty on claims), and section 3718 (contracts for collection services); 31 CFR part 285 (debt collection authorities under the DCIA)\n(2) 31 CFR chapter IX and parts 900 through 904 (FCCS);\n(3) 5 U.S.C. 5514, 5 CFR part 550, subpart K (salary offset);\n(4) 5 U.S.C. 5584 (waiver of claims for overpayment);\n(5) 31 U.S.C. 3720D, 31 CFR 285.11 (administrative wage garnishment); and\n(6) 26 U.S.C. 6402(d), 31 U.S.C. 3720A, and 31 CFR 285.2 (tax refund offset).","path":["Title 12—Banks and Banking","CHAPTER X—CONSUMER FINANCIAL PROTECTION BUREAU","PART 1073—PROCEDURES FOR BUREAU DEBT COLLECTION","Subpart A—Scope, Purpose, and Definitions"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"347cfa768db984dc0238c3fe9c8e0ab76e8689c2e84b043030cdfea613f9236d","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-1073.101","next":"us/12-cfr-1073.103"},"notice":"GroundRules: Original legal text. Not legal advice."}
