Delinquent Debt Management
FMS is able to assist your organization in managing outstanding debt owed to the Federal Government. On your behalf, we will generate a dunning notice, contact the debtor, and coordinate an installment payment plan or compromise agreement. Working with our customer agency, we implement any offsets determined by our customer and refer delinquent debt to Treasury. We will also record the closeout of the debt once it has been paid or process write-offs accordingly.