12 CFR § 313.84 Procedures for Collection of Corporate Debt, Criminal Restitution Debt, and Civil Money Penalty Debt

§ 313.84 Effect of timely request.

Current through Oct 1, 2026 · Read all of Part 313

If the FDIC receives a debtor's written request for hearing within 15 business days of the date the FDIC mailed its notice of intent to seek garnishment, the FDIC shall not issue a withholding order until the debtor has been provided the requested hearing, and a decision in accordance with § 313.88 and § 313.89 has been rendered.

← § 313.83 Form of hearing.§ 313.85 Failure to timely request a hearing. →