Debt Collection Improvement Act of 1996 agencies face challenges implementing certain key provisions PDF Download

Author:
Publisher: DIANE Publishing
ISBN: 1428946802
Category :
Languages : en
Pages : 40

View

Book Description

Author: United States Accounting Office (GAO)
Publisher: Createspace Independent Publishing Platform
ISBN: 9781984910363
Category :
Languages : en
Pages : 40

View

Book Description
GAO-02-61T Debt Collection Improvement Act of 1996: Agencies Face Challenges Implementing Certain Key Provisions

Author: Gary T. Engel
Publisher:
ISBN:
Category : Accounts receivable
Languages : en
Pages :

View

Book Description

Author: U S Government Accountability Office (G
Publisher: BiblioGov
ISBN: 9781289234812
Category :
Languages : en
Pages : 44

View

Book Description
It is essential that the government not only make and guarantee creditworthy loans but also collect the amounts owed. The Debt Collection Improvement Act of 1996 was intended to maximize collection of billions of dollars of non-tax delinquent debt owed to the government by requiring agencies to notify the Department of Treasury of debts delinquent more than 180 days for purposes of administrative offset. The act also requires agencies to refer such debts to Treasury for centralized collection action known as cross-servicing. The act authorizes agencies to garnish the wages of delinquent debtors and bars delinquent debtors from receiving federal financial assistance in the form of loans, loan insurance, or loan guarantees until they resolve their delinquencies. This report discusses selected agencies and focuses on (1) difficulties they experienced in identifying and referring eligible debts to Treasury's Financial Management Service or a Treasury designated debt collection center, (2) obstacles to prompt referral of eligible debts, and (3) whether exclusions from referral requirements were consistent with established criteria.

Author: United States Accounting Office (GAO)
Publisher: Createspace Independent Publishing Platform
ISBN: 9781720583233
Category :
Languages : en
Pages : 30

View

Book Description
Debt Collection Improvement Act of 1996: Department of Agriculture Faces Challenges Implementing Certain Key Provisions

Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

View

Book Description
This report discusses the debt collection initiatives of two major components of the Department of Agriculture the Rural Housing Service (RHS) and the Farm Service Agency (FSA). As you well know, collecting delinquent debt has historically presented major challenges for federal agencies. It is with this backdrop that the Congress, with a key role played by this Subcommittee, passed the Debt Collection Improvement Act of 1996 (DCIA). Among other things, DCIA requires agencies to (1) notify the Department of the Treasury (Treasury) of debts delinquent over 180 days for purposes of administrative offset against any amounts that might otherwise be due to those persons or entities, and (2) refer such debts to Treasury for centralized collection action known as cross-servicing. In addition, to facilitate debt collection, the act authorizes agencies to administratively garnish the wages of delinquent debtors.

Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 35

View

Book Description
This report provides additional detail on the Centers for Medicare & Medicaid Services (CMS)2 progress in implementing the debt-referral requirements of DCIA to collect delinquent Medicare debts and includes several recommendations. 3 Collection of delinquent Medicare debts is particularly critical because they represented a significant portion about 9 percent of the approximately $58 billion of reported delinquent nontax debts governmentwide as of September 30, 2000, and continue to represent a large amount.

Author: United States Government Accountability Office
Publisher: Createspace Independent Publishing Platform
ISBN: 9781984974068
Category :
Languages : en
Pages : 36

View

Book Description
Debt Collection Improvement Act of 1996: HHS's Centers for Medicare & Medicaid Services Faces Challenges to Fully Implement Certain Key Provisions

Author:
Publisher: DIANE Publishing
ISBN: 1428944303
Category :
Languages : en
Pages : 56

View

Book Description
Notwithstanding present advantages, maximizing the effectiveness of information from the TOP database as a delinquency reporting tool would call for a number of changes, including improvements in agencies delinquent debt referral practices and enhancing or supplementing information currently maintained in the TOP database. Accelerating the referrals of delinquent debt to TOP to 90 days versus waiting 180 days to refer the debt is an option already available to agencies for certain types of debt and, regardless of agency in-house collection initiatives, may be in the best interest of the government since it could help accelerate collections. Other matters, such as retaining data from the TOP database concerning certain discharged or closed-out debts and debts more than 10 years delinquent and adding data on delinquent debts that are generally excluded from offset by FMS, could be addressed by FMS; however, FMS currently does not have plans to deal with these issues because it believes that information from the TOP database should be used in conjunction with other information sources, such as credit bureau reports and CAIVRS, to identify delinquent debtors for the purpose of denying them additional financial assistance. We believe FMS has a number of opportunities to improve the delinquent debtor information available to federal agencies in order to enhance the effectiveness of agencies implementation of DCIAs debtor bar provision, directed at achieving improvements in the available information.

Author: Gary T. Engel
Publisher: DIANE Publishing
ISBN: 9780756708559
Category : Law
Languages : en
Pages : 60

View

Book Description
Addresses the U.S. Dept. of the Treasury's Financial Management Service's (FMS) implementation of the cross-servicing provision of the Debt Collection Improvement Act of 1996. The report notes that for FMS' cross-servicing program to become a fully implemented & mature program, many challenges must be overcome to assure success in the collection of delinquent debt. The report contains recommendations to the Commissioner of FMS to assist FMS in implementing a viable cross-servicing operation. The objectives, scope, & methodology are included, as well a testimony on June 8, 2000 before the U.S. House of Representatives.