{"data":{"id":"us/12-cfr-797.16","jurisdiction":"us","citation":"12 CFR 797.16","heading":"Stay of offset.","body":"(a) When a creditor agency receives a debtor's request for inspection of agency records, the offset is stayed for 15 calendar days beyond the date set for the record inspection.\n(b) When a creditor agency receives a debtor's offer to enter into a repayment agreement, the offset is stayed until the debtor is notified as to whether the proposed agreement is acceptable.\n(c) When a review is conducted, the offset is stayed until the creditor agency issues a final written decision. The written decision must be issued within 60 days after receipt of the debtor's request for review.","path":["Title 12—Banks and Banking","CHAPTER VII—NATIONAL CREDIT UNION ADMINISTRATION","SUBCHAPTER B—REGULATIONS AFFECTING THE OPERATIONS OF THE NATIONAL CREDIT UNION ADMINISTRATION","PART 797—PROCEDURES FOR DEBT COLLECTION","Subpart B—Administrative Offset"],"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":"d2706637d93d3df1c01573e4486d95435bb27a5b25f9cfc9a1052854d8a2065e","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-797.15","next":"us/12-cfr-797.17"},"notice":"GroundRules: Original legal text. Not legal advice."}