29 CFR 20.60 - Application of partial payments to amounts owed.

§ 20.60 Application of partial payments to amounts owed.

When a debt is paid in partial or installment payments, amounts received by the responsible agency should be applied first to outstanding penalty and administrative cost charges, second to accrued interest, and third to outstanding principal.

Title 29 published on 03-May-2017 04:00

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 29 CFR Part 20 after this date.

  • 2016-10-28; vol. 81 # 209 - Friday, October 28, 2016
    1. 81 FR 74918 - Administrative Wage Garnishment Procedures
      GPO FDSys XML | Text
      DEPARTMENT OF LABOR, Office of the Secretary
      Final rule.
      This final rule is effective on October 28, 2016.
      29 CFR Part 20