What are the SCRA expectations for lenders regarding the Servicemembers Civil Relief Act?
The interpretation of this longtime federal law has been that it is the responsibility of servicemembers to notify lenders when they believe they are due protections.
But …View more
Congress recently announced plans to re-introduce a bill to ban the use of forced arbitration in cases involving the Servicemembers Civil Relief Act. This move may prove to have a serious impact on lenders.
The bill, known as the Justice …View more
As a result of the government shutdown, some Democrats in Congress have introduced FECRA legislation similar to the SCRA to help protect federal workers.
The Servicemembers Civil Relief Act is a revision to a federal law dating back to World …View more