Guidance: Post-Settlement and Post-Judgment Superfund Debts Collection and Termination
Memorandum discusses the legal authority to compromise and terminate collection activity on debts arising out of Superfund settlements and judgments (post-settlement and post-judgment debts), and to provide procedures for effectuating such compromises and terminations. Issued 10/2/2001.
A supplemental memorandum clarifies administrative agreements and orders and bankruptcy proceedings. The supplemental memorandum includes a model letter requesting a debtor to pay a specified, compromised amount of its debt. The attachment is the model compromise letter referred to in the 2001 Compromise Memo, at pp. 8 and 14. This memorandum is not intended to supercede the 2001 Compromise Memo, but rather provides the two requested clarifications and attaches the model compromise letter. Issued 11/25/2002.