Category Archives: same day pay day loans

Faq’s when it comes to Public. The system that offsets federal repayments for overdue debts may be the Treasury Offset Program (TOP).

Faq’s when it comes to Public. The system that offsets federal repayments for overdue debts may be the Treasury Offset Program (TOP).

The concerns on this web site are in regards to the Treasury Offset Program, the scheduled system that withholds money to fund a financial obligation. It, look at the Debt Management Service FAQs if you have questions about that debt and how to pay.

Why did I have less overall in a payment that is federalas an example, my income tax reimbursement) than we expected?

Your repayment may be less since you owed an debt that is overdue a federal or state agency. If it may be the full situation, you ought to have gotten a letter letting you know this will take place loan till payday Pharr TX.

What the law states states that Treasury may withhold money to fulfill an overdue (delinquent) financial obligation. The state term for withholding funds from a payment is “offset” or “administrative offset.”

Individuals when you look at the Treasury Offset Program (TOP) cannot discuss your financial troubles to you, refund your cash, or discuss payment plans to you. Just the agency to that you simply owe the amount of money can perform that. Continue reading