§ 19.7 When will Commerce entities compromise a Commerce debt?

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Title 15—Commerce and Foreign Trade > Subtitle A—Office of the Secretary of Commerce > PART 19—COMMERCE DEBT COLLECTION > Subpart B—Procedures To Collect Commerce Debts

This text was captured on Sep 22, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

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If a Commerce entity cannot collect the full amount of a Commerce debt, the Commerce entity may, with legal counsel approval, compromise the Commerce debt in accordance with the provisions of 31 CFR part 902 and the Commerce entity's policies and procedures. (See Commerce Department Credit and Debt Management Operating Standards and Procedures Handbook, available at http://www.osec.doc.gov/ofm/credit.cover.html.)

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