[Code of Federal Regulations]

[Title 31, Volume 3]

[Revised as of July 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 31CFR901.4]



[Page 964]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

   CHAPTER IX--FEDERAL CLAIMS COLLECTION STANDARDS (DEPARTMENT OF THE 

                    TREASURY--DEPARTMENT OF JUSTICE)

 

PART 901_STANDARDS FOR THE ADMINISTRATIVE COLLECTION OF CLAIMS--Table 

of Contents

 

Sec. 901.4  Reporting debts.



    (a) Agencies shall develop and implement procedures for reporting 

delinquent debts to credit bureaus and other automated databases. 

Agencies also may develop procedures to report non-delinquent debts to 

credit bureaus. See 31 U.S.C. 3711(e).

    (1) In developing procedures for reporting debts to credit bureaus, 

agencies shall comply with the Bankruptcy Code and the Privacy Act of 

1974, 5 U.S.C. 552a, as amended. The provisions of the Privacy Act do 

not apply to credit bureaus.

    (2) Agency procedures for reporting delinquent consumer debts to 

credit bureaus shall be consistent with the due process and other 

requirements contained in 31 U.S.C. 3711(e). When an agency has given a 

debtor any of the required notice and review opportunities with respect 

to a particular debt, the agency need not duplicate such notice and 

review opportunities before reporting that delinquent consumer debt to 

credit bureaus.

    (b) Agencies should report delinquent debts to the Department of 

Housing and Urban Development's Credit Alert Interactive Voice Response 

System (CAIVRS). For information about the CAIVRS program, agencies 

should contact the Director of Information Resources Management Policy 

and Management Division, Office of Information Technology, Department of 

Housing and Urban Development, 451 7th Street, SW., Washington, DC 

20410.