If the Debtor Has Other Outstanding Debt (Rev. 11787; Issued:01-

70.14.8.1 - If the Debtor Has Other Outstanding Debt (Rev. 11787; Issued:01- 19-23; Effective: 04-21-23; Implementation:04-21-23) If the debtor has other outstanding debt, the excess collection shall then be applied to the oldest debt first (then next oldest), in accordance with established procedures for applying excess collections against a debtor’s overpayments. The breakout of principal and interest on the CMSDM Treasury Collections Report does not apply when the excess collection is applied to another outstanding debt.