Debt setoff definition

Debt setoff means the repayment of an overpayment by setoff against the debtor’s state income tax refund.

Examples of Debt setoff in a sentence

  • When the request is received within the 15-day limit, a hearing shall be granted pursuant to rules in 441—Chapter 7.a. If the department is upheld in the final decision, the setoff process shall continue and the refund, rebate, or other state payment shall be applied to the appropriate delinquent debts.b. If the department is reversed in the final decision, the debtor’s refund, rebate, or other state payment shall be released to the debtor by the department of administrative services.11.4(6) Debt setoff.

  • If the de- partment is reversed in the final decision, the debtor’s refund, rebate, or other state payment shall be released to the debtor by the department of revenue and finance.11.4(6) Debt setoff.

  • This requires a much larger initial effort when creating a strategy, however, the strategy in this example is exactly the same as in the simple experiment.

  • When the request is received within the 15-day limit, a hearing shall be granted pursuant to rules in 441—Chapter 7.a. If the department is upheld in the final decision, the setoff process shall continue and the re- fund, rebate, or other state payment shall be applied to the appropriate delinquent debts.b. If the department is reversed in the final decision, the debtor’s refund, rebate, or other state payment shall be released to the debtor by the department of administrative services.11.4(6) Debt setoff.

  • Once an account is placed with MSB, the court shall cease further collection efforts except for the State of Kansas Debt setoff.

  • The Play and Free-time Strategy focuses on 0-19 year olds, in cases where teenagers have children there are play and free-time need for both the parents and the children, this has been addressed in the strategy through consultation with young mothers.

  • Debt set-off should be checked for all prizes on a single claim of $100 or greater (as determined by the Lottery) including merchandise prizes.

Related to Debt setoff

  • Subordinated Loan has the meaning set forth in Section 1.2(a) of the Agreement.

  • Guaranteed Parties means (a) each Lender, (b) each Issuing Bank, (c) the Administrative Agent, (d) each Joint Bookrunner, (e) each Person to whom any Guaranteed Cash Management Obligations are owed, (f) each counterparty to any Swap Agreement the obligations under which constitute Guaranteed Swap Obligations, (g) the beneficiaries of each indemnification obligation undertaken by any Loan Party under any Loan Document and (h) the permitted successors and assigns of each of the foregoing.