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Current as of January 02, 2025 | Updated by Findlaw Staff
Delinquent debt means a debt:
(a) That the debtor fails to pay by the date specified in the initial written notice from the agency owed the debt, normally within 30 calendar days, unless the debtor makes satisfactory payment arrangements with the agency by that date; and
(b) With respect to which the debtor has elected not to exercise any available appeals or has exhausted all agency appeal processes.
Cite this article: FindLaw.com - Code of Federal Regulations Title 2. Grants and Agreements § 2.1108.150 Delinquent debt - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-2-grants-and-agreements/cfr-sect-2-1108-150/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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