17 C.F.R. § 204.5   Debtor's failure to respond.


Title 17 - Commodity and Securities Exchanges


Title 17: Commodity and Securities Exchanges
PART 204—RULES RELATING TO DEBT COLLECTION
Subpart A—Administrative Offset

Browse Previous |  Browse Next

§ 204.5   Debtor's failure to respond.

If the debtor fails to respond to the notice described in §204.4(a) by the proposed effective date specified in the notice, the Commission may take further action under this section or under the Federal Claims Collection Standards (31 CFR 901.3). The commission may collect by administrative offset if the debtor:

(a) Has not made payment by the payment due date;

(b) Has not requested a review of the claim within the agency as set out in §204.6; or

(c) Has not made an arrangement for payment by the payment due date.

[58 FR 64370, Dec. 7, 1993, as amended at 66 FR 54130, Oct. 26, 2001]

Browse Previous |  Browse Next






















chanrobles.com


ChanRobles Legal Resources:

ChanRobles On-Line Bar Review

ChanRobles Internet Bar Review : www.chanroblesbar.com

ChanRobles MCLE On-line

ChanRobles Lawnet Inc. - ChanRobles MCLE On-line : www.chanroblesmcleonline.com