45 C.F.R. § 2506.13 How will the Corporation contract for private collection services?
Title 45 - Public Welfare
The Corporation uses the services of a private collection contractor when it determines that such use is in the Corporation's best interest. When the Corporation determines that there is a need to contract for private collection services, the Corporation: (a) Retains sole authority to: (1) Resolve any dispute with the debtor regarding the validity of the debt; (2) Compromise the debt; (3) Suspend or terminate collection action; (4) Refer the debt to the DOJ for litigation; and (5) Take any other action under this part; (b) Requires the contractor to comply with the: (1) Privacy Act of 1974, as amended, to the extent specified in 5 U.S.C. 552a(m); (2) Fair Debt Collection Practices Act (15 U.S.C. 1692–1692o); and (3) Other applicable Federal and State laws pertaining to debt collection practices and applicable regulations of the Corporation in this part; (c) Requires the contractor to account accurately and fully for all amounts collected; and (d) Requires the contractor to provide to the Corporation, upon request, all data and reports contained in its files related to its collection actions on a debt.
Title 45: Public Welfare
PART 2506—COLLECTION OF DEBTS
Subpart B—General Provisions.
§ 2506.13 How will the Corporation contract for private collection services?
