While away on active duty, the Servicemembers Civil Relief Act affords military personnel certain protections from financial obligations, such as nonjudicial foreclosures, credit card debt, student loans and mortgage payments.
Maintaining SCRA compliance is a must for financial institutions, lawyers, … Read more
The Servicemember Civil Relief Act is designed to protect the rights of active-duty military members while they are deployed. In many cases, service members cannot meet certain financial obligations while abroad, including credit card debt, auto loans and rental payments.… Read more
Vehicle repossessions under the SCRA can be complicated affairs. The Servicemembers Civil Relief Act affords military members certain legal protections, including immunity from credit card debt, mortgage payments and, yes, vehicle repossessions. However, that doesn’t mean there aren’t scenarios where … Read more
Military affidavits are important documents for lenders and debt collectors to be aware of, since obtaining them could help money services firms remain complaint with the Servicemembers Civil Relief Act, but what are these affidavits and why, exactly, are they … Read more
In most cases when you don't pay off your car loans, the vehicle is shut down or repossessed. This is a lesson Luis Miguel Delhaes recently learned, though he didn't have to. His case wasn't like most.
He bought a car … Read more
Recently a Virginia-based rental company received a cease and desist letter after charging allegedly illegal fees to active duty individuals in violation of the Servicemembers Civil Relief Act, legislation which allows military members to terminate certain financial obligations while deployed. … Read more
Before 2008 the Servicemembers Civil Relief Act wasn't quite the same as it is now, and this month the government released a bulletin to remind debt collectors that for another year protections provided through the act remain as strong as ever. … Read more
You may know that active-duty military members get certain privileges regarding their mortgage and auto loan payments, but did you know that these benefits extend to credit card debt as well?
Kitsana Dounglomchan, a 12-year air force veteran, recently recounted … Read more