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cfr_sections: 40:40:1.0.1.1.13.4.1.3

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section_id title_number title_name chapter subchapter part_number part_name subpart subpart_name section_number section_heading agency authority source_citation amendment_citations full_text
40:40:1.0.1.1.13.4.1.3 40 Protection of Environment I A 13 PART 13—CLAIMS COLLECTION STANDARDS D Subpart D—Compromise of Debts 13.26 § 13.26 Payment of compromised claims. EPA 5 U.S.C. 552a, 5512, and 5514; 31 U.S.C. 3711 et seq. and 3720A; 4 CFR parts 101-10. 53 FR 37270, Sept. 23, 1988, unless otherwise noted.   The Administrator normally will not approve a debtor's request to pay a compromised claim in installments. However, where the Administrator determines that payment of a compromise by installments is necessary to effect collection, a debtor's request to pay in installments may be approved. Normally, where installment repayment is approved, the debtor will be required to execute a confess-judgment agreement which accelerates payment of the balance due upon default.
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