§116.9. Creditors that cannot be found or that are out of business. — Inbound Citations

(b) Ongoing committees shall not settle any outstanding debts for less than the entire amount owed, but may request a Commission determination that such debts are not payable under 11 CFR 116.9, and may resolve disputed debts under 11 CFR 116.10. Creditors may forgive debts owed by ongoing committees under the limited circumstances provided in 11 CFR 116.8.

(4) Has been determined not to be payable pursuant to 11 CFR 116.9; or