# 45 C.F.R. § 2506.15 (2026): What will the notice tell me regarding collection actions that might be taken if the debt is not paid within 60 days of the notice, or arrangements to pay the debt are not made within 60 days of the notice? > Federal · Regulations · In force URL: https://www.frixlaw.com/law-library/statutes/CFR_T45_P2506_S2506_15 ## Section - **Citation:** 45 C.F.R. § 2506.15 (2026) - **Heading:** What will the notice tell me regarding collection actions that might be taken if the debt is not paid within 60 days of the notice, or arrangements to pay the debt are not made within 60 days of the notice? - **Jurisdiction:** Federal - **Kind:** Regulations - **Status:** In force - **Text as of:** August 14, 2026 - **Source:** Compiled text - **Location:** Title 45 CFR: Public Welfare / Chapter XXV: CORPORATION FOR NATIONAL AND COMMUNITY SERVICE / Part 2506: COLLECTION OF DEBTS / Subpart B: General Provisions / § 2506.15: § 2506.15 What will the notice tell me regarding collection actions that might be taken if the debt is not paid within 60 days of the notice, or arrangements to pay the debt are not made within 60 days of the notice? ## Text The notice provided under § 2506.14 will advise you that, within 60 days of the date of the notice, your debt (including any interest, penalty charges, and administrative costs) must be paid or you must enter into a voluntary repayment agreement. If you do not pay the debt or enter into the agreement within that deadline, the Corporation may enforce collection of the debt by any or all of the following methods: (a) By transferring the debt to the Treasury for collection, including under a cross-servicing agreement with the Treasury ( see § 2506.10); (b) By referral to a credit reporting agency ( see § 2506.12), private collection contractor ( see § 2506.13), or the DOJ ( see § 2506.11); (c) If you are a Corporation employee, by deducting money from your disposable pay account until the debt (and all accumulated interest, penalty charges, and administrative costs) is paid in full ( see subpart C of this part). The Corporation will specify the amount, frequency, approximate beginning date, and duration of the deduction. 5 U.S.C. 5514 and 31 U.S.C. 3716 govern such proceedings; (d) If you are an employee of a Federal agency other than the Corporation, by initiating certification procedures to implement a salary offset by that Federal agency ( see subpart C of this part). 5 U.S.C. 5514 governs such proceedings; (e) By referring the debt to the Treasury for offset against any refund of overpayment of tax ( see subpart D of this part); (f) By administrative offset ( see subpart E of this part); (g) By administrative wage garnishment ( see subpart F of this part); or (h) By liquidation of security or collateral. The Corporation has the right to hold security or collateral, liquidate it, and apply the proceeds to your debt through the exercise of a power of sale in the security instrument or a foreclosure. The Corporation will not follow the procedures in this paragraph (h) if the cost of disposing of the collateral will be disproportionate to its value. ## Nearby sections - [45 C.F.R. § 2506.10 (2026) § 2506.10 Will the Corporation use its cross-servicing agreement with Treasury to collect its debts?](https://www.frixlaw.com/law-library/statutes/CFR_T45_P2506_S2506_10.md) - [45 C.F.R. § 2506.11 (2026) § 2506.11 Will the Corporation refer debts to the Department of Justice?](https://www.frixlaw.com/law-library/statutes/CFR_T45_P2506_S2506_11.md) - [45 C.F.R. § 2506.12 (2026) § 2506.12 Will the Corporation provide information to credit reporting agencies?](https://www.frixlaw.com/law-library/statutes/CFR_T45_P2506_S2506_12.md) - [45 C.F.R. § 2506.13 (2026) § 2506.13 How will the Corporation contract for private collection services?](https://www.frixlaw.com/law-library/statutes/CFR_T45_P2506_S2506_13.md) - [45 C.F.R. § 2506.14 (2026) § 2506.14 What should I expect to receive from the Corporation if I owe a debt to the Corporation?](https://www.frixlaw.com/law-library/statutes/CFR_T45_P2506_S2506_14.md) - [45 C.F.R. § 2506.15 (2026) § 2506.15 What will the notice tell me regarding collection actions that might be taken if the debt is not paid within 60 days of the notice, or arrangements to pay the debt are not made within 60 days of the notice?](https://www.frixlaw.com/law-library/statutes/CFR_T45_P2506_S2506_15.md) - [45 C.F.R. § 2506.16 (2026) § 2506.16 What will the notice tell me about my opportunity for review of my debt?](https://www.frixlaw.com/law-library/statutes/CFR_T45_P2506_S2506_16.md) - [45 C.F.R. § 2506.17 (2026) § 2506.17 What must I do to obtain a review of my debt, and how will the review process work?](https://www.frixlaw.com/law-library/statutes/CFR_T45_P2506_S2506_17.md) - [45 C.F.R. § 2506.18 (2026) § 2506.18 What interest, penalty charges, and administrative costs will I have to pay on a debt owed to the Corporation?](https://www.frixlaw.com/law-library/statutes/CFR_T45_P2506_S2506_18.md) - [45 C.F.R. § 2506.19 (2026) § 2506.19 How can I resolve my debt through voluntary repayment?](https://www.frixlaw.com/law-library/statutes/CFR_T45_P2506_S2506_19.md) - [45 C.F.R. § 2506.20 (2026) § 2506.20 What is the extent of the Chief Executive Officer's authority to compromise debts owed to the Corporation, or to suspend or terminate collection action on such debts?](https://www.frixlaw.com/law-library/statutes/CFR_T45_P2506_S2506_20.md) - [45 C.F.R. § 2506.21 (2026) § 2506.21 May the Corporation's failure to comply with these regulations be used as a defense to a debt?](https://www.frixlaw.com/law-library/statutes/CFR_T45_P2506_S2506_21.md) --- Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T45_P2506_S2506_15. Check the current official text before relying on it. Not legal advice.