Settlement of a debt by compromise or adjustment.

CFR · 2024-01-01 · US · Title 7

Compromise or adjustment offers may be initiated by the debtor or by RHS. RHS will approve only those compromises and adjustments that are in the best interest of the Government. (a) (b) (c) (2) Unsecured debts owed after the sale of the security property may be proposed for compromise or adjustment at any time. Debts that were never secured may be proposed for compromise or adjustment when they are due and payable. (d)

official document · source cfr-2024 · id 7:§ 3550.253