[Code of Federal Regulations]

[Title 24, Volume 1]

[Revised as of April 1, 2006]

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

[CITE: 24CFR17.107]



[Page 221]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

PART 17_ADMINISTRATIVE CLAIMS--Table of Contents

 

   Subpart C_Procedures for the Collection of Claims by the Government

 

Sec.  17.107  Stay of offset.



    If the debtor timely notifies the Secretary that he or she is 

exercising a right described in Sec.  17.104 or Sec.  17.106, the offset 

will be stayed until the Secretary either makes a determination 

concerning the debtor's proposal to repay the debt or issues a written 

decision following review of the record or, where appropriate, a 

hearing. However, interest continues to run during any stay.