# 45 C.F.R. § 2506.19 (2026): How can I resolve my debt through voluntary repayment? > Federal · Regulations · In force URL: https://www.frixlaw.com/law-library/statutes/CFR_T45_P2506_S2506_19 ## Section - **Citation:** 45 C.F.R. § 2506.19 (2026) - **Heading:** How can I resolve my debt through voluntary repayment? - **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 / § 2506.19: § 2506.19 How can I resolve my debt through voluntary repayment? ## Text (a) In response to a notice of debt, you may propose to the Corporation that you be allowed to repay the debt through a voluntary repayment agreement in lieu of the Corporation taking other collection actions under this part. (b) Your request to enter into a voluntary repayment agreement must: (1) Be in writing; (2) Admit the existence of the debt; and (3) Either propose payment of the debt (together with interest, penalty charges, and administrative costs) in a lump sum, or set forth a proposed repayment schedule. (c) The Corporation will collect debts in one lump sum whenever feasible. However, if you are unable to pay your debt in one lump sum, the Corporation may accept payment in regular installments that bear a reasonable relationship to the size of the debt and your ability to pay. If possible, the installment payments should be sufficient in size and frequency to liquidate the debt in three years or less. (d) The Corporation will consider a request to enter into a voluntary repayment agreement in accordance with the FCCS. The Chief Executive Officer may request additional information from you, including financial statements if you request to make payments in installments, in order to determine whether to accept a voluntary repayment agreement. It is within the Chief Executive Officer's discretion to accept a repayment agreement instead of proceeding with other collection actions under this part, and to set the necessary terms of any voluntary repayment agreement. No repayment agreement will be binding on the Corporation unless it is in writing and signed by both you and the Chief Executive Officer. At the Corporation's option, you may be required to provide security as part of the agreement to make payments in installments. Notwithstanding the provisions of this section, 31 U.S.C. 3711 will govern any reduction or compromise of a debt. ## 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_19. Check the current official text before relying on it. Not legal advice.