§5.6. When will Treasury entities allow a debtor to pay a Treasury debt in installments instead of one lump sum?
31 C.F.R. § 5.6
If a debtor is financially unable to pay the debt in one lump sum, a Treasury entity may accept payment of a Treasury debt in regular installments, in accordance with the provisions of 31 CFR 901.8 and the Treasury entity's policies and procedures.
Notes, amendments, and revision history
Authority
Authority: 5 U.S.C. 5514; 26 U.S.C. 6402; 31 U.S.C. 321, 3701, 3711, 3716, 3717, 3718, 3720A, 3720B, 3720D.
Source
Source: 67 FR 65845, Oct. 28, 2002, unless otherwise noted.