# 12 CFR § 1073.102: Purpose

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-12-1073.102

## Section

- **Citation:** 12 CFR § 1073.102
- **Heading:** Purpose
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 12—Banks and Banking > CHAPTER X—CONSUMER FINANCIAL PROTECTION BUREAU > PART 1073—PROCEDURES FOR BUREAU DEBT COLLECTION > Subpart A—Scope, Purpose, and Definitions

## Text

The purpose of this part is to implement Federal statutes and regulatory standards authorizing the Bureau to collect debts owed to the United States. This part is intended to be consistent with the following Federal statutes and regulations:
(1) DCIA at 31 U.S.C. 3711 (collection and compromise of claims), section 3716 (administrative offset), section 3717 (interest and penalty on claims), and section 3718 (contracts for collection services); 31 CFR part 285 (debt collection authorities under the DCIA)
(2) 31 CFR chapter IX and parts 900 through 904 (FCCS);
(3) 5 U.S.C. 5514, 5 CFR part 550, subpart K (salary offset);
(4) 5 U.S.C. 5584 (waiver of claims for overpayment);
(5) 31 U.S.C. 3720D, 31 CFR 285.11 (administrative wage garnishment); and
(6) 26 U.S.C. 6402(d), 31 U.S.C. 3720A, and 31 CFR 285.2 (tax refund offset).

## Nearby sections

- [12 CFR § 1073.101 § 1073.101 Scope.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1073.101.md)
- [12 CFR § 1073.102 § 1073.102 Purpose.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1073.102.md)
- [12 CFR § 1073.103 § 1073.103 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1073.103.md)
- [12 CFR § 1073.201 § 1073.201 Applicability and scope.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1073.201.md)
- [12 CFR § 1073.202 § 1073.202 Collection.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1073.202.md)
- [12 CFR § 1073.203 § 1073.203 Omission of procedures.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1073.203.md)
- [12 CFR § 1073.204 § 1073.204 Debtor's rights.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1073.204.md)
- [12 CFR § 1073.205 § 1073.205 No requirement for duplicate notice.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1073.205.md)
- [12 CFR § 1073.206 § 1073.206 Interest, penalties, and administrative costs.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1073.206.md)
- [12 CFR § 1073.207 § 1073.207 Termination or suspension of collection action.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1073.207.md)
- [12 CFR § 1073.208 § 1073.208 Refunds.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1073.208.md)
- [12 CFR § 1073.209 § 1073.209 Request for offset to other Federal agencies.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1073.209.md)
- [12 CFR § 1073.210 § 1073.210 Request for offset from other Federal agencies.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1073.210.md)
- [12 CFR § 1073.301 § 1073.301 Scope.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1073.301.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-12-1073.102. Check the current official text before relying on it. Not legal advice.