Debt Collection Financial Statement

ICR 201404-1660-005

OMB: 1660-0011

Federal Form Document

IC Document Collections
IC ID
Document
Title
Status
21056 Modified
ICR Details
1660-0011 201404-1660-005
Historical Active 201101-1660-007
DHS/FEMA
Debt Collection Financial Statement
Revision of a currently approved collection   No
Regular
Approved without change 08/21/2014
Retrieve Notice of Action (NOA) 06/30/2014
  Inventory as of this Action Requested Previously Approved
08/31/2017 36 Months From Approved 08/31/2014
2,000 0 1,600
1,500 0 1,200
0 0 0

FEMA may request debtors to provide personal financial information on FEMA Form 127-0-1 concerning their current financial position. With this information, FEMA evaluates whether to allow its debtors to pay their FEMA debts under installment repayment agreements and if so, under what terms. FEMA also uses this data to determine whether to compromise, suspend, or completely terminate collection efforts on respondent's debts. This data is also used to locate the debtor's assets if the debts are sent for judicial enforcement.

US Code: 31 USC 3711 Name of Law: Collection and Compromise
  
None

Not associated with rulemaking

  79 FR 9251 02/18/2014
79 FR 32569 06/05/2014
No

1
IC Title Form No. Form Name
Debt Collection Financial Statement FEMA Form 127-0-1 Debt Collection Financial Statement

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 2,000 1,600 0 0 400 0
Annual Time Burden (Hours) 1,500 1,200 0 0 300 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
There has been an increase in the annual hour burden from 1,200 to 1,500; an increase of 300 hours. This increase is due to the expected number of recipients of disaster assistance and the more intensive efforts by FEMA to collect overpayments to those disaster assistance recipients that were provided assistance funds exceeding allowable levels. FEMA is making more effort to provide installment agreements to those with debts to the agency.

$189,380
No
No
No
No
No
Uncollected
Sherina Greene 202 646-4343 [email protected]

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
06/30/2014


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