; and (C) by inserting after paragraph (2) the following new paragraph (3): (3) In the case of an indebtedness that was incurred as a result or an error or failure described in section 5314(a)(2)(A) of this title, no suit may be filed under this section to recover the indebtedness after the date that is five years after the date on which the debt was incurred. . (2) Effective date This subsection and the amendments made by this subsection shall take effect on the date of the enactment of this Act and shall apply with respect to suits filed under section 5316 of such title on or after such date. (c) Limitation on cooperation with other Federal agencies To collect Section 5316 of such title is amended by adding at the end the following new subsection: (d) The Secretary may not provide any information or assistance to any other element of the Federal Government to recover, whether by bringing suit in a court of competent jurisdiction, by deducting amounts from future payments, or by other method, any indebtedness of any person who has been determined to be indebted to the United States by virtue of such person's participation in a benefits program administered by the Secretary if the Secretary does not have the authority to recover such indebtedness under this title. . (d) Repair of credit (1) In general Chapter 53 of such title is amended by adding at the end the following new section: 5320. Correction of erroneous information submitted to consumer reporting agencies (a) Correcting errors by the Department In any case in which the Secretary finds that the Department has submitted erroneous information to a consumer reporting agency about the indebtedness of any person who has been determined by the Secretary to be indebted to the United States by virtue of such person’s participation in a benefits program administered by the Secretary, the Secretary shall— (1) instruct the consumer reporting agency to remove such erroneous information from the consumer report of such person or take such other action as may be