Will USADF subdivide a claim in excess of $100,000?

22 C.F.R. § 1506.6
in effectEffective: 2024-07-01
Sign in to generate a plain English summaryAsk Belisarius Agent
USADF will not subdivide a claim to avoid the $100,000 limit on the Agency's authority to compromise, suspend, or terminate a debt. A debtor's liability arising from a particular transaction or contract is a single claim.

Starting a business? Corpus forms LLCs in all 50 states and DC.