# 12 C.F.R. § 797.22 (2026): Voluntary repayment agreement

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T12_P797_S797_22

## Section

- **Citation:** 12 C.F.R. § 797.22 (2026)
- **Heading:** Voluntary repayment agreement
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 12 CFR: Banks and Banking / Chapter VII: NATIONAL CREDIT UNION ADMINISTRATION / Part 797: PROCEDURES FOR DEBT COLLECTION / Subpart C: Salary Offset / § 797.22: § 797.22   Voluntary repayment agreement.

## Text

(a) In response to the Notice, an employee may propose to repay the debt voluntarily in lieu of salary offset by submitting a written proposed repayment schedule to NCUA. Any proposal under this section must be received by NCUA within 15 calendar days after receipt of the Notice.
(b) In response to a timely proposal by the employee, NCUA shall notify the employee whether the employee's proposed repayment schedule is acceptable. NCUA has the discretion to accept, reject, or propose to the employee a modification of the proposed repayment schedule.
(1) If NCUA decides that the proposed repayment schedule is unacceptable, the employee shall have 15 calendar days from the date of the decision in which to file a request for a hearing.
(2) If NCUA decides that the proposed repayment schedule is acceptable or the employee agrees to a modification proposed by NCUA, an agreement shall be put in writing and signed by both the employee and NCUA.

## Nearby sections

- [12 C.F.R. § 797.17 (2026) § 797.17   Authority and scope.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P797_S797_17.md)
- [12 C.F.R. § 797.18 (2026) § 797.18   Notice requirements where NCUA is the creditor agency.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P797_S797_18.md)
- [12 C.F.R. § 797.19 (2026) § 797.19   Review of NCUA records related to the debt.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P797_S797_19.md)
- [12 C.F.R. § 797.20 (2026) § 797.20   Procedures to request a hearing.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P797_S797_20.md)
- [12 C.F.R. § 797.21 (2026) § 797.21   Hearing procedures.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P797_S797_21.md)
- [12 C.F.R. § 797.22 (2026) § 797.22   Voluntary repayment agreement.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P797_S797_22.md)
- [12 C.F.R. § 797.23 (2026) § 797.23   Certification where NCUA is the creditor agency.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P797_S797_23.md)
- [12 C.F.R. § 797.24 (2026) § 797.24   Certification where NCUA is the paying agency.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P797_S797_24.md)
- [12 C.F.R. § 797.25 (2026) § 797.25   Recovery from final check or other payments due a separated employee.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P797_S797_25.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T12_P797_S797_22. Check the current official text before relying on it. Not legal advice.