[Federal Register Volume 77, Number 161 (Monday, August 20, 2012)]
[Notices]
[Pages 50150-50151]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-20431]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5607-N-26]


Notice of Proposed Information Collection for Public Comment: 
Debt Resolution Program

AGENCY: Office of the Assistant Secretary for Housing, HUD.

ACTION: Notice.

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SUMMARY: The proposed information collection requirement described 
below will be submitted to the Office of Management and Budget (OMB) 
for review, as required by the Paperwork Reduction Act. The Department 
is soliciting public comments on the subject proposal.

DATES: Comments Due Date: October 19, 2012.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
Control Number and should be sent to: Reports Liaison Officer, 
Department of Housing and Urban Development, 451 7th Street SW., 
Washington, DC 20410, Room 9120 or the number for the Federal Relay 
Information Service, 1800-877-8330.

FOR FURTHER INFORMATION CONTACT: Lester J. West, Director, HUD 
Financial Operations Center, 52 Corporate Circle, Albany, NY 12303, 
telephone 518-862-2806 (this is not a toll free number) for copies of 
the proposed forms and other available information.

SUPPLEMENTARY INFORMATION: The Department is submitting the proposed 
information collection to OMB for review, as required by the Paperwork 
Reduction Act of 1995 (44 U.S.C. Chapter 35, as amended).
    This Notice is soliciting comments from members of the public and 
affected agencies concerning the proposed collection of information to: 
(1) Evaluate whether the proposed collection is necessary for the 
proper performance of the functions of the agency, including whether 
the information will have practical utility; (2) Evaluate the accuracy 
of the agency's estimate of the burden of the proposed collection of 
information; (3) Enhance the quality, utility, and clarity of the 
information to be collected; and (4) Minimize the burden of the 
collection of information on those who are to respond; including the 
use of appropriate automated collection techniques or other forms of 
information technology, e.g., permitting electronic submission of 
responses.
    This Notice also lists the following information:
    Title of Proposal: Debt Resolution Program.
    OMB Control Number, if applicable: 2502-0483.
    Description of the need for the information and proposed use: HUD 
is required to collect debt owed to the agency. As part of the 
collection process, demand for repayment is made on the debtor(s). In 
response, debtors opt to ignore the debt, pay the debt or dispute the 
debt. Disputes and offers to repay the debt result in information 
collections. Borrowers who wish to pay less than the full amount due 
must submit a Personal Financial Statement and Settlement Offer. HUD 
uses the information to analyze debtors' financial positions and then 
approve settlements and repayment agreements. Borrowers who wish to 
dispute must provide information to support their position.
    Agency form numbers, if applicable: HUD-56141, HUD 56142 and HUD-
56146.
    Estimation of the total numbers of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response: The number of burden hours is 641. The 
number of

[[Page 50151]]

respondents is 650, the number of responses is 2,101, the frequency of 
response is on occasion and the burden hour per response is .986 hours.
    Status of the proposed information collection: This is a revision 
of a currently approved collection.

    Authority: The Paperwork Reduction Act of 1995, 44 U.S.C., 
Chapter 35, as amended.

    Dated: August 14, 2012.
Laura M. Marin,
Acting General Deputy Assistant Secretary For Housing--Acting Deputy 
Federal Housing Commissioner.
[FR Doc. 2012-20431 Filed 8-17-12; 8:45 am]
BILLING CODE 4210-67-P