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Interest, penalties and fees on FEMA debts

Will I have to pay interest, penalties or fees on money FEMA says I owe?

Yes, you will have to pay interest if you do not repay the debt to FEMA within 30 days of the date on the Notice of Debt letter. If you do not pay the debt in full within 30 days, FEMA will begin charging interest on your debt at an annual interest rate of 1.0% for 2011. For additional information regarding the interest rate please visit: Financial Management Service: Treasury Current Value of Funds Rate. Other charges will be added if you do not resolve the debt. Ways to resolve the debt are explained here: "Repaying a FEMA Debt"

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Last Updated: 
Tue, 06/25/2013 - 12:05