Treasury Report on Receivables and Debt Collection Activities

Reporting Entry code: A-20-04-9000

Fiscal Year: 2013

Quarter: 2nd

Type of Receivable: Administrative



Part I - Status of Receivables

Section A Receivables and Collections
Number Dollars
(1) Beginning FY Balance 3,019 $ 4,683,439
(2) New Receivables (+) 10,446 $ 128,278,204
(3) Accruals (+) $ 185,813
(4) Collections on Receivables (-) $ 120,997,516
(A) At Agency $ 120,670,581
(B) At Third Party $ -
(C) Asset Sales $ -
(D) Collections by Treasury through Offset and Cross-Servicing (-) $ 326,935
(E) Collections by Sale After Foreclosure (-) $ -
(F) Collections by Department of Justice (-) $ -
(G) Other - must footnote (-) $ -
(5) Adjustments (+ or -) 1203 $ 202,390
(A) Reclassified/Adjusted Amounts (+ or -) $ -
(B) Adjustments Due to Sale of Assets (+ or -) $ -
(C) Consolidations (+ or -) $ -
(D) Foreclosure Adjustments (+ or -) $ -
(E) Written-Off Debts Reinstated for Collections (+) $ 202,390
(6) Amounts Written Off (-) 646 $483,236
(A) Currently not Collectible (-) 566 $ 341,869
(B) Written off and Closed Out (-) 80 $ 141,367
(7) Ending Balance 2,782 $ 11,869,094
Section B Additional Receivables Data (Information Only)
Number Dollars
(1) Subsets of Ending Balance
(A) Foreign/Sovereign Government (+) 0 $-
(B) State and Local Government (+) 0 $-
(C) Rescheduled Debt - Delinquent (+) 130 $ 410,304
(D) Rescheduled Debt - Non-Delinquent (+) 194 $ 615,578
(E) Interest & Late Charges (+) $102,039
Section C Delinquent Debt (Excluding CNC Debt)
Number Dollars
(1) Delinquencies by Age
(A) 1-90 Days (+) $ 1,482,583
(B) 91-180 Days (+) $ 653,682
(C) 181-365 Days (+) $ 496,965
(D) 1-2 Years (+) $ 12,872
(E) 2-6 Years (+) $ -
(F) 6-10 Years $ -
(G) Over 10 Years (+) $ -
(H) Total Delinquencies by Age $ 2,646,102
(2) Delinquencies by Category 0 $ -
(A) Commercial (+) 0 $ -
(B) Consumer (+) 1,703 $ 2,646,102
(C) Foreign/Sovereign Government (+) 0 $ -
(D) State and Local Government (+) 0 $ -
(E) Total Delinquencies by Category 1,703 $ 2,646,102

Part II - Debt Management Tool and Technique Performance Data

Section A Delinquent Debt 180 Days or Less
Number Dollars
(1) Total Delinquencies 1-180 Days
(A)  In Bankruptcy (+) 0 $-
(B)  In Forbearance or In Formal Appeals Process (+) 0 $-
(C)  In Foreclosure (+) 0 $-
(D)  At Private Collection Agencies (+) 0 $-
(E)  In Litigation (At DOJ or Agency Counsel) (+) 0 $-
(F)  In the Process of Internal Offset (+) 6 $ 25,738
(G)  In Wage Garnishment (+) 0 $-
(H)  At Treasury for Cross-Servicing (+) 26 $ 27,204
(I)   At Treasury for Offset (+) 0 $-
(J)  At Agency (+) 1,145 $ 2,083,323
(K) Other - must footnote (+) 0 $-
(L) Total Delinquencies 1-180 Days $ 2,136,265
Section B Delinquent Debt (Over 180 Days Delinquent) Eligible for Referral to Treasury for Offset and Cross-Servicing
Number Dollars
(1)  Debt Eligible for Referral to Treasury for Collection
(A)  Delinquent Debt Over 180 Days (+) $ 509,837
(B)  Currently Not Collectible Debts (+) $ 5,630,846
(C) Total Delinquent Debt Over 180 Days and CNC Debts  $ 6,140,683
Debts Ineligible for Treasury Offset Program (TOP) and Cross-Servicing (lines D through G)
(D)  In Bankruptcy (-) 0  $-
(E)  In Forbearance or Formal Appeals Process (including Litigation) (-) 0 $-
(F)  In Foreclosure (-) 0  $-
(G)  Other - must footnote (+ or -) 0  $-
(H) Balance of Debt Eligible for Referral to Treasury for Collection 3,328 $ 6,140,683
(2)  Debt Eligible for Referral to Treasury Offset Program
(A)  Debt Eligible for Referral to Treasury for Collection (from 1H) 3,328 $ 6,140,683
(B)  Foreign/Sovereign Debt (-) 0 $ -
(C)  Debt in Litigation for Enforced Collection  (-) 0 $ -
(D) Other - must footnote (+ or -) 0 $ -
(E)  Debt Required to be Referred to Treasury Offset Program by Agency 3,328 $ 6,140,683
(F)  Debt Referred to Treasury Offset Program (-) 0 $ -
(G)  Debt Referred to Treasury Offset Program through Cross Servicing (-) 3,115 $ 5,862,585
(H)  Balance Remaining to be Referred1 213 $ 278,098
(3)  Debt Eligible for Referral to Treasury or a Designated Debt Collection Center for Cross-Servicing
(A)  Debt Eligible for Referral to Treasury for Collection (from 1H) 3,328 $ 6,140,683
(B)  Foreign/Sovereign Debt (-) 0 $ -
(C)  Debt in Litigation for Enforced Collection  (-) 0 $ -
(D) At Private Collection Agency (-) 0 $ -
(E)  In the Process of Internal Offset (-) 3 $ 38,835
(F)  Debt Exempted by Treasury from Cross-Servicing (-) 0 $ -
(G)  Debt Returned from Cross Servicing (-) 0 $ -
(H)  Other - must footnote (+ or -) 0 $ -
(I)  Debt Required To Be Referred To Treasury for a Designated Debt Collection 3,325 $ 6,101,848
      Cent for Cross-Servicing 0 $ -
(J)  Debt Referred to Treasury or a Designated Debt Collection Center for Cross- 3,218 $ 5,946,435
      Servicing (-) 0 $ -
(K)  Balance Remaining to be Referred2 107 $ 155,413
Section C Collections on Delinquent Debt
Number Dollars
(1) Collections on Delinquent Debt
(A)  By Private Collection Agencies (+) 0 $ -
(B)  By Litigation (+) 0 $ -
(C)  By Internal Offset (+) 7 $ 4,490
(D)  By Third Party (+)  0 $ -
(E)  By Asset Sales (+) 0 $ -
(F)  By Wage Garnishment (+)  0 $ -
(G)  By Treasury/Designated Debt Collection Center Cross-Servicing (+) 1,076 $ 227,412
(H)  By Treasury for Offset (+) 0 $ -
(I)   By Agency (+) 2,364 $ 1,983,827
(J)  Other - must footnote (+) 0 $ -
(K)  Total Collections on Delinquent Debt $ 2,170,729
Section D CNC Debt Status
Number Dollars
(1)  Currently Not Collectible Debts (Written Off and Not Closed Out)
(A) At Private Collection Agencies (+) 0 $ -
(B) At Treasury or a Designated Debt Collection Center for Cross Servicing (+) 2,802 $ 5,630,846
(C) At Treasury for Offset (+) 0 $ -
(D) Other - must footnote (+) 0 $ -
(E) Total-Currently Not Collectible Debts (1A thry 1D not mutually exclusive) 2,802 $ 5,630,846
(2) CNC Debts Closed Out During the Current FY (+) 361 $ 105,486

 

Section E Disposition of Closed-Out Debts
Number Dollars
(1)  Debts Closed Out During the Previous Calendar Year (CNC and Non-CNC Debts) (+) 860 $ 531,865
(A)  Reported to IRS on Form 1099-C (+) 0 $
(B) Not Reported to IRS on Form 1099-C - (1-1A) 8603 $ 531,8654

Part III - Footnotes

  1. In process of being referred. 
  2. In process of being referred. 
  3. Accounts do not meet IRS requirements to issue a 1099-C.
  4. Accounts do not meet IRS requirements to issue a 1099-C.

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