NCUA may request that a debt owed to NCUA be collected by administrative offset against funds due and payable to a debtor by another agency.
In requesting administrative offset, NCUA, as creditor, shall certify in writing to the agency holding funds of the debtor:
That the debtor owes the debt;
The amount and basis of the debt; and
That NCUA has complied with the requirements of its own administrative offset regulations and the applicable provisions of the FCCS with respect to providing the debtor with due process.