---
kind: "section"
citation: "12 C.F.R. § 1208.61"
title: "12"
number: "1208.61"
heading: "Notice."
url: "https://uscodex.org/cfr/12/1208.61"
---

# §1208.61. Notice.


At least 30 days before the initiation of garnishment proceedings, FHFA will send, by first class mail to the debtor's last known address, a written notice informing the debtor of:

- (a) The nature and amount of the debt;
- (b) FHFA's intention to initiate proceedings to collect the debt through deductions from the debtor's pay until the debt and all accumulated interest penalties and administrative costs are paid in full;
- (c) An explanation of the debtor's rights as set forth in [§ 1208.62(c)](/cfr/12/1208.62.md?p=c); and
- (d) The time frame within which the debtor may exercise these rights. FHFA shall retain a stamped copy of the notice indicating the date the notice was mailed.

## Notes

### Authority

Authority: 5 U.S.C. 5514; 12 U.S.C. 4526; 26 U.S.C. 6402(d); 31 U.S.C. 3701-3720D; 31 CFR 285.2; 31 CFR Chapter IX.