Treasury Report on Receivables and Debt Collection Activities

Reporting Entry code: A-20-04-9000

Fiscal Year: 2010

Quarter: 3rd

Type of Receivable: Administrative



Part I - Status of Receivables

Section A Receivables and Collections
  Number Dollars
(1) Beginning FY Balance 2,827 4,418,964
(2) New Receivables (+) 13,686 $99,291,614
(3) Accruals (+)   $238,524
(4) Collections on Receivables (-)   $99,163,755
(A) At Agency   $98,692,367
(B) At Third Party   $-
(C) Asset Sales   $-
(D) Collections by Treasury through Offset and Cross-Servicing (-)   $471,388
(E) Collections by Sale After Foreclosure (-)   $-
(F) Collections by Department of Justice (-)   $-
(G) Other - must footnote (-)   $-
(5) Adjustments (+ or -) 1,118 $319,518
(A) Reclassified/Adjusted Amounts (+ or -)   $(10,290)
(B) Adjustments Due to Sale of Assets (+ or -)   $-
(C) Consolidations (+ or -)   $-
(D) Foreclosure Adjustments (+ or -)   $-
(E) Written-Off Debts Reinstated for Collections (+)   $329,808
(6) Amounts Written Off (-) 818 $770,600
(A) Currently not Collectible (-) 520 $606,530
(B) Written off and Closed Out (-) 298 $164,070
(7) Ending Balance 2,479 $4,334,265
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 (+) 99 $162,980
(D) Rescheduled Debt - Non-Delinquent (+) 226 $611,499
(E) Interest & Late Charges (+)   $79,878
Section C Delinquent Debt (Excluding CNC Debt)
  Number Dollars
(1) Delinquencies by Age    
(A) 1-90 Days (+)   $912,795
(B) 91-180 Days (+)   $260,671
(C) 181-365 Days (+)   $385,688
(D) 1-2 Years (+)   $-
(E) 2-6 Years (+)   $-
(F) 6-10 Years   $-
(G) Over 10 Years (+)   $-
(H) Total Delinquencies by Age   $1,559,154
(2) Delinquencies by Category 0 $-
(A) Commercial (+) 0 $-
(B) Consumer (+) 1,495 $1,559,154
(C) Foreign/Sovereign Government (+) 0 $-
(D) State and Local Government (+) 0 $-
(E) Total Delinquencies by Category 1,495 $1,559,154

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 (+) 9  $270,421
(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 (+) 1  $18,880
(G)  In Wage Garnishment (+) 0  $-
(H)  At Treasury for Cross-Servicing (+) 46  $38,159
(I)   At Treasury for Offset (+) 0  $-
(J)  At Agency (+) 976  $846,006
(K) Other - must footnote (+) 0  $-
(L) Total Delinquencies 1-180 Days    $1,173,466
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 (+)    $385,688
(B)  Currently Not Collectible Debts (+)    $4,138,460
(C) Total Delinquent Debt Over 180 Days and CNC Debts     $4,524,148
Debts Ineligible for Treasury Offset Program (TOP) and Cross-Servicing (lines D through G)    
(D)  In Bankruptcy (-) 2  $333
(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 2,808  $4,523,815
(2)  Debt Eligible for Referral to Treasury Offset Program    
(A)  Debt Eligible for Referral to Treasury for Collection (from 1H) 2,808 $4,523,815
(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 2,808  $4,523,815
(F)  Debt Referred to Treasury Offset Program (-) 0  $-
(G)  Debt Referred to Treasury Offset Program through Cross Servicing (-) 2,721  $4,322,890
(H)  Balance Remaining to be Referred1 87  $200,925
(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) 2,808  $4,523,815
(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 (-) 0  $-
(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 2,808  $4,523,815
      Cent for Cross-Servicing 0  $-
(J)  Debt Referred to Treasury or a Designated Debt Collection Center for Cross- 2,737  $4,409,974
      Servicing (-) 0 $-
(K)  Balance Remaining to be Referred2 71 $113,841
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 (+) 2  $485
(D)  By Third Party (+)  0  $-
(E)  By Asset Sales (+) 0  $-
(F)  By Wage Garnishment (+)  0  $-
(G)  By Treasury/Designated Debt Collection Center Cross-Servicing (+) 721  $170,504
(H)  By Treasury for Offset (+) 0  $-
(I)   By Agency (+) 1,996  $1,350,727
(J)  Other - must footnote (+) 0  $-
(K)  Total Collections on Delinquent Debt    $1,521,716
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 (+) 2,347  $4,138,460
(C) At Treasury for Offset (+) 0  $-
(D) Other - must footnote (+) 0  $-
(E) Total-Currently Not Collectible Debts (1A thry 1D not mutually exclusive) 2,347  $4,138,460
(2) CNC Debts Closed Out During the Current FY (+) 332  $165,430

Section E Disposition of Closed-Out Debts
  Number Dollars
(1)  Debts Closed Out During the Previous Calendar Year (CNC and Non-CNC Debts) (+) 277  $559,994
(A)  Reported to IRS on Form 1099-C (+) 5  $26,099
(B) Not Reported to IRS on Form 1099-C - (must footnote) (1-1A)3 272  $533,895

Part III - Footnotes

  1. In process of being referred.  Will be sent when due process per DCIA is completed.
  2. In process of being referred.  Will be sent when due process per DCIA is completed.
  3. Accounts do not meet IRS requirements to issue a 1099-C.

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