• Fiscal Service, a bureau of the U.S. Department of the Treasury, serves as the government’s central debt collection agency, maintaining the government’s delinquent debts. One of the ways used by Fiscal Service to collect delinquent debt is the Treasury Offset Program or TOP. Under TOP, Fiscal Service matches a database of delinquent debtors against payments issued by Treasury. With a match, recipients of federal payments who also owe delinquent debts have their payment withheld or reduced to satisfy the debt.

Advertisement
Related Posts