Treasury Report on Receivables and Debt Collection Activities

Reporting Entry code: A-20-04-9000

Fiscal Year: 2014

Quarter: 1st

Type of Receivable: Administrative



Part I - Status of Receivables

Section A Receivables and Collections
Number Dollars
(1) Beginning FY Balance 3,123 $ 5,762,155
(2) New Receivables (+) 4,351 $ 18,986,509
(3) Accruals (+) $ 50,330
(4) Collections on Receivables (-) $ 19,852,773
(A) At Agency $ 19,346,091
(B) At Third Party $ 372,243
(C) Asset Sales $ -
(D) Collections by Treasury through Offset and Cross-Servicing (-) $ 134,439
(E) Collections by Sale After Foreclosure (-) $ -
(F) Collections by Department of Justice (-) $ -
(G) Other - must footnote (-) $ -
(5) Adjustments (+ or -) 192 $ 30,966
(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 (+) $ 30,966
(6) Amounts Written Off (-) 1 $ 6
(A) Currently not Collectible (-) 1 $ 6
(B) Written off and Closed Out (-) - $ -
(7) Ending Balance 3,135 $ 4,977,181
Section B Additional Receivables Data (Information Only)
Number Dollars
(1) Subsets of Ending Balance
(A) Foreign/Sovereign Government (+) - $ -
(B) State and Local Government (+) - $ -
(C) Rescheduled Debt - Delinquent (+) 159 $ 514,240
(D) Rescheduled Debt - Non-Delinquent (+) 140 $ 573,512
(E) Interest & Late Charges (+) $ 138,974
(F) A-129 Justification for CNC Exclusions (+) - $ -
Section C Delinquent Debt (Excluding CNC Debt)
Number Dollars
(1) Delinquencies by Age
(A) 1-90 Days (+) 1,055 $ 1,742,474
(B) 91-180 Days (+) 423 $ 634,942
(C) 181-365 Days (+) 569 $ 514,379
(D) 1-2 Years (+) 425 $ 430,971
(E) 2-6 Years (+) - $ -
(F) 6-10 Years - $ -
(G) Over 10 Years (+) - $ -
(H) Total Delinquencies by Age 2,472 $ 3,322,766
(2) Delinquencies by Category $ -
(A) Commercial (+) - $ -
(B) Consumer (+) 2,472 $ 3,322,766
(C) Foreign/Sovereign Government (+) - $ -
(D) State and Local Government (+) - $ -
(E) Total Delinquencies by Category 225 $ 213,339

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 (+) - $ -
(B)  In Forbearance or In Formal Appeals Process (+) 11 $ 50,359
(C)  In Foreclosure (+) - $ -
(D)  At Private Collection Agencies (+) - $ -
(E)  In Litigation (At DOJ or Agency Counsel) (+) - $ -
(F)  In the Process of Internal Offset (+) 12 $ 89,213
(G)  In Wage Garnishment (+) - $ -
(H)  At Treasury for Cross-Servicing (+) 337 $ 452,255
(I)   At Treasury for Offset (+) - $ -
(J)  At Agency (+) 1,118 $ 1,785,589
(K) Other - must footnote (+) - $ -
(L) Total Delinquencies 1-180 Days 1,478 $ 2,377,416
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 (+) $ 945,350
(B)  Currently Not Collectible Debts (+) $ 6,188,050
(C) Total Delinquent Debt Over 180 Days and CNC Debts  $ 7,133,400
Debts Ineligible for Treasury Offset Program (TOP) and Cross-Servicing (lines D through G)
(D)  In Bankruptcy (-) 8 $ 1,112
(E)  In Forbearance or Formal Appeals Process (including Litigation) (-) 3 $ 39,531
(F)  In Foreclosure (-) - $ -
(G)  Other - must footnote (+ or -) - $ -
(H) Balance of Debt Eligible for Referral to Treasury for Collection 4,058 $ 7,092,757
(2)  Debt Eligible for Referral to Treasury Offset Program
(A)  Debt Eligible for Referral to Treasury for Collection (from 1H) 4,058 $ 7,092,757
(B)  Foreign/Sovereign Debt (-) - $ -
(C)  Debt in Litigation for Enforced Collection  (-) - $ -
(D) Other - must footnote (+ or -) - $ -
(E)  Debt Required to be Referred to Treasury Offset Program by Agency 4,058 $ 7,092,757
(F)  Debt Referred to Treasury Offset Program (-) - $ -
(G)  Debt Referred to Treasury Offset Program through Cross Servicing (-) 3,977 $ 6,859,568
(H)  Balance Remaining to be Referred1 81 $ 233,189
(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) 4,058 $ 7,092,757
(B)  Foreign/Sovereign Debt (-) - $ -
(C)  Debt in Litigation for Enforced Collection  (-) - $ -
(D) At Private Collection Agency (-) - $ -
(E)  In the Process of Internal Offset (-) 7 $ 11,139
(F)  Debt Exempted by Treasury from Cross-Servicing (-) - $ -
(G)  Debt Returned from Cross Servicing (-) - $ -
(H)  Other - must footnote (+ or -) - $ -
(I)  Debt Required To Be Referred To Treasury for a Designated Debt Collection $ -
      Cent for Cross-Servicing 4,051 $ 7,081,618
(J)  Debt Referred to Treasury or a Designated Debt Collection Center for Cross-
      Servicing (-) 4,027 $ 6,965,460
(K)  Balance Remaining to be Referred2 24 $ 116,158
Section C Collections on Delinquent Debt
Number Dollars
(1) Collections on Delinquent Debt
(A)  By Private Collection Agencies (+) - $ -
(B)  By Litigation (+) - $ -
(C)  By Internal Offset (+) 105 $ 151,289
(D)  By Third Party (+)  418 $ 145,563
(E)  By Asset Sales (+) - $ -
(F)  By Wage Garnishment (+)  - $ -
(G)  By Treasury/Designated Debt Collection Center Cross-Servicing (+) 351 $ 69,453
(H)  By Treasury for Offset (+) 2 $ 32,623
(I)   By Agency (+) 761 $ 634,007
(J)  Other - must footnote (+) - $ -
(K)  Total Collections on Delinquent Debt 1,637 $ 1,032,935
Section D CNC Debt Status
Number Dollars
(1)  Currently Not Collectible Debts (Written Off and Not Closed Out)
(A) At Private Collection Agencies (+) - $ -
(B) At Treasury or a Designated Debt Collection Center for Cross Servicing (+) 3,075 $ 6,188,050
(C) At Treasury for Offset (+) - $ -
(D) Other - must footnote (+) - $ -
(E) Total-Currently Not Collectible Debts (1A thru 1D not mutually exclusive) 3,075 $ 6,188,050
(2) CNC Debts Closed Out During the Current FY (+) 47 $ 21,161

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 (+) -
(B) Not Reported to IRS on Form 1099-C - (1-1A) 860 $ 531,865
(C)  Not Reported to IRS on Form 1099-C (must footnote) 1-(1A+1B) - -

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