---
kind: "section"
citation: "45 C.F.R. § 2506.13"
title: "45"
number: "2506.13"
heading: "How will the Corporation contract for private collection services?"
url: "https://uscodex.org/cfr/45/2506.13"
---

# §2506.13. How will the Corporation contract for private collection services?


The Corporation uses the services of a private collection contractor when it determines that such use is in the Corporation's best interest. When the Corporation determines that there is a need to contract for private collection services, the Corporation:

- (a) **Retains sole authority to—**
  - (1) Resolve any dispute with the debtor regarding the validity of the debt;
  - (2) Compromise the debt;
  - (3) Suspend or terminate collection action;
  - (4) Refer the debt to the DOJ for litigation; and
  - (5) Take any other action under this part;
- (b) **Requires the contractor to comply with the—**
  - (1) Privacy Act of 1974, as amended, to the extent specified in [5 U.S.C. 552a(m)](/usc/5/552a.md?p=m);
  - (2) Fair Debt Collection Practices Act ([15 U.S.C. 1692-1692o](/usc/15/1692-1692o.md)); and
  - (3) Other applicable Federal and State laws pertaining to debt collection practices and applicable regulations of the Corporation in this part;
- (c) Requires the contractor to account accurately and fully for all amounts collected; and
- (d) Requires the contractor to provide to the Corporation, upon request, all data and reports contained in its files related to its collection actions on a debt.

## Notes

### Authority

Authority: 5 U.S.C. 5514; 31 U.S.C. 3701-3720A, 3720D; 44 U.S.C. 2104(a).

### Source

Source: 68 FR 16438, Apr. 4, 2003, unless otherwise noted.