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22 CFR 1506.38

§ 1506.38 Under what circumstances may USADF terminate collection actions?

United States · 22 CFR — Foreign Relations · Status: effective

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22 CFR 1506.38, § 1506.38 Under what circumstances may USADF terminate collection actions?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/96182
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USADF may terminate collection actions including accrued interest, penalty and administrative costs, where the debt principal does not exceed $100,000. If the debt exceeds $100,000, USADF must obtain the approval from DOJ to terminate further collection actions. Unless otherwise provided for by DOJ regulations, requests to terminate collection on debts in excess of $100,000 are referred to the Commercial Litigation Branch, Civil Division, Department of Justice, for approval.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.