North Carolina General Statutes Chapter 105A. Setoff Debt Collection and Forced Debt Collection Act § 105A-6.4. Installment agreements

The Secretary may enter into an agreement with the debtor for payment of the debt in installments if the Secretary determines that the agreement will facilitate collection of the debt.  The Secretary may modify or terminate the agreement if one or more of the following findings is made:

The Secretary must give a debtor who has entered into an installment agreement at least 30 days' written notice before modifying or terminating the agreement on the grounds that the debtor's financial condition has changed unless the debtor failed to disclose or concealed assets or income when the agreement was made or the debtor has acquired assets since the agreement was made that can satisfy all or part of the debt.  A notice must specify the basis for the Secretary's finding of a change in the debtor's financial condition.