---
kind: "section"
citation: "12 C.F.R. § 797.16"
title: "12"
number: "797.16"
heading: "Stay of offset."
url: "https://uscodex.org/cfr/12/797.16"
---

# §797.16. Stay of offset.

- (a) When a creditor agency receives a debtor's request for inspection of agency records, the offset is stayed for 15 calendar days beyond the date set for the record inspection.
- (b) When a creditor agency receives a debtor's offer to enter into a repayment agreement, the offset is stayed until the debtor is notified as to whether the proposed agreement is acceptable.
- (c) When a review is conducted, the offset is stayed until the creditor agency issues a final written decision. The written decision must be issued within 60 days after receipt of the debtor's request for review.

## Notes

### Authority

Authority: 12 U.S.C. 1752a; 5 U.S.C. 5514; 31 U.S.C. 3711, 3716, 3720A, 3720D.

### Source

Source: 73 FR 11341, Mar. 3, 2008, unless otherwise noted.