This part prescribes standards and procedures under which the Commission will collect and dispose of certain debts owed to the United States, as described in 11 CFR 8.2 . The regulations in this part implement the Debt Collection Improvement Act of 1996, 31 U.S.C. 3701 , 3711 , and 3716 - 3720A , as amended; and the Federal Claims Collection Standards, 31 CFR parts 900 - 904. The activities covered include: the collection of claims of any amount; compromising claims; suspending or terminating the collection of claims; referring debts to the U.S. Department of the Treasury for collection action; and referring debts under this part 8 of more than $100,000 (exclusive of any interest and charges) to the Department of Justice for litigation.
11 C.F.R. § 8.1