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        Handling candidate loans, debts and advances
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      Estimating debts

Estimating debts If the exact amount of a debt is not known, the committee reports an estimated amount. The committee must either amend the report (and all subsequent reports) to indicate the correct amount, once a correct figure is known, or include the correct figure, along with an explanation of the change, in the report for the reporting period during which the amount is determined.
 Learn more about reporting debt Guidance relating to estimated debts is provided at the end of the Debts owed by the committee reporting example:
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      How to report
        Debts owed by the committee
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          How to handle unpayable debtsHow to handle disputed debts From the FEC Record Campaign debt
 Need help? Get help from the FEC by phone or email
 Legal citations Regulations 11 CFR 100.112Contracts, promises and agreements to make expenditures 11 CFR 104.11(b)Continuous reporting of debts and obligations 11 CFR Part 116Debts owed by candidates and political committees


This information is not intended to replace the law or to change its meaning, nor does this information create or confer any rights for or on any person or bind the Federal Election Commission or the public. The reader is encouraged also to consult the Federal Election Campaign Act of 1971, as amended (52 U.S.C. 30101 et seq.), Commission regulations (Title 11 of the Code of Federal Regulations), Commission advisory opinions and applicable court decisions.


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