MSP Contractor Actions Subsequent to Treasury Referral

70.11 – MSP Contractor Actions Subsequent to Treasury Referral (Rev. 12438; Issued: 01-04-24; Effective: 02-06-24; Implementation: 02-06-24) MSP Contractors shall cease active recovery efforts once a debt is referred to Treasury. However, MSP Contractors shall maintain and track debts in HIGLAS. Interest shall continue to accrue on all debts referred to Treasury for cross-servicing. HIGLAS furnishes the MSP Contractor with routine reports of debts transmitted to Treasury as of a certain date. If Treasury or an entity acting on its behalf (Private Collection Agencies (PCAs) recovers on an MSP debt, notification of the recovery will be sent to the MSP Contractor. All MSP Contractors shall copy and send to Treasury all waiver or compromise requests received directly from the debtor after the debt has been referred to Treasury.