The Federal Trade Commission is publishing procedures for the administrative collection of debts, including those arising under judgments and orders of the FTC.
The final amendments to Part 1 of the FTC's Rules of Practice formally adopt government-wide Federal Claims Collection Standards and other procedures for collecting delinquent debts by certain authorized administrative methods.
These procedures will allow the use of administrative offset and tax refund offset to satisfy such debts. The use of these tools is expected to enhance the FTC’s enforcement and collection efforts, FTC officials said.
The FTC also is making a technical revision to its existing rule for administrative garnishment of non-Federal wages to update the name of the Treasury Department agency responsible for cross-servicing debts.
The amendments address the U.S. Department of the Treasury’s collection of debts owed to the FTC through deduction of funds from certain federal payments and federal tax refunds. The FTC vote to issue the Federal Register Notice setting forth these amendments was 4-0.