[Code of Federal Regulations]

[Title 44, Volume 1]

[Revised as of October 1, 2006]

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

[CITE: 44CFR11.32]



[Page 116]

 

              TITLE 44--EMERGENCY MANAGEMENT AND ASSISTANCE

 

 CHAPTER I--FEDERAL EMERGENCY MANAGEMENT AGENCY, DEPARTMENT OF HOMELAND 

                                SECURITY

 

PART 11_CLAIMS--Table of Contents

 

     Subpart C_Collection of Debts by the Government Under the Debt 

                         Collection Act of 1982

 

Sec.  11.32  Subdivision and joining of debts.



    (a) A debtor's liability arising from a particular transaction or 

contract shall be considered as a single debt in determining whether the 

debt is one not exceeding $100,000 or such higher limit prescribed by 

the Attorney General in accordance with 31 U.S.C. 3711(a)(2) exclusive 

of interest for the purpose of compromise or termination of collection 

action. Such a debt may not be subdivided to avoid the monetary ceiling 

established by the Act.

    (b) Joining of two or more single debts in a demand upon a 

particular debtor for payment totaling more than $100,000 or such higher 

limit prescribed by the Attorney General in accordance with 31 U.S.C. 

3711(a)(2) does not preclude compromise or termination of collection 

action with respect to any one of such debts that do not exceed $100,000 

or such higher limit prescribed by the Attorney General in accordance 

with 31 U.S.C. 3711(a)(2) exclusive of interest.



[49 FR 38267, Sept. 28, 1984, as amended at 57 FR 54714, Nov. 20, 1992]