§ 4903.7 When will PBGC allow a debtor to pay a debt owed to PBGC in installments instead of a lump sum?
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Title 29 CFR: Labor › Chapter XL: PENSION BENEFIT GUARANTY CORPORATION › Part 4903: DEBT COLLECTION › Subpart B: Procedures To Collect Debts Owed to PBGC › § 4903.7: § 4903.7 When will PBGC allow a debtor to pay a debt owed to PBGC in installments instead of a lump sum?
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If a debtor is financially unable to pay the debt in a lump sum, PBGC may accept payment of a debt in regular installments, in accordance with the provisions of 31 CFR 901.8.
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