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CFR › Title 38 › Chapter I › Part 1 › Section 1.913

38 CFR 1.913 - Liquidation of collateral.

There are 2 Updates appearing in the Federal Register for 38 CFR 1. Select the tab below to view, or View eCFR (GPOAccess)
§ 1.913
Liquidation of collateral.
(a) VA should liquidate security or collateral through the exercise of a power of sale in the security instrument or a nonjudicial foreclosure, and apply the proceeds to the applicable debt, if the debtor fails to pay the debt within 180 days after demand and if such action is in the best interest of the United States. Collection from other sources, including liquidation of security or collateral, is not a prerequisite to requiring payment by a surety, insurer, or guarantor, unless such action is expressly required by statute or contract.
(b) When VA learns that a bankruptcy petition has been filed with respect to a debtor, VA should seek legal advice from VA's General Counsel or Regional Counsel concerning the impact of the Bankruptcy Code, including, but not limited to, 11 U.S.C. 362, to determine the applicability of the automatic stay and the procedures for obtaining relief from such stay prior to proceeding under paragraph (a) of this section.
(Authority: 31 U.S.C. 3711 ; 38 U.S.C. 501 )
[69 FR 62195, Oct. 25, 2004]

Title 38 published on 2012-07-01

The following are only the Rules published in the Federal Register after the published date of Title 38.

For a complete list of all Rules, Proposed Rules, and Notices view the Rulemaking tab.

  • 2013-02-11; vol. 78 # 28 - Monday, February 11, 2013
    1. 78 FR 9589 - Disclosures To Participate in State Prescription Drug Monitoring Programs
      GPO FDSys XML | Text
      DEPARTMENT OF VETERANS AFFAIRS
      Interim final rule.
      Effective Date: This rule is effective on February 11, 2013. Comment Date: Comments must be received on or before April 12, 2013.
      38 CFR Part 1

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.

United States Code
USC : Title 31 - MONEY AND FINANCE

§ 1311

§ 1316

§ 3711 - Collection and compromise

§ 3712 - Time limitations for presenting certain claims of the Government

§ 3713 - Priority of Government claims

§ 3714 - Keeping money due States in default

§ 3715 - Buying real property of a debtor

§ 3716 - Administrative offset

§ 3717 - Interest and penalty on claims

§ 3718 - Contracts for collection services

§ 3719 - Reports on debt collection activities

USC : Title 38 - VETERANS’ BENEFITS

§ 501 - Rules and regulations

§ 5009

USC : Title 39 - POSTAL SERVICE

§ 3220 - Use of official mail in the location and recovery of missing children

Presidential Documents

Executive Order ... 9865

Executive Order ... 10096

Title 38 published on 2012-07-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 38 CFR 1 after this date.

  • 2013-02-11; vol. 78 # 28 - Monday, February 11, 2013
    1. 78 FR 9589 - Disclosures To Participate in State Prescription Drug Monitoring Programs
      GPO FDSys XML | Text
      DEPARTMENT OF VETERANS AFFAIRS
      Interim final rule.
      Effective Date: This rule is effective on February 11, 2013. Comment Date: Comments must be received on or before April 12, 2013.
      38 CFR Part 1