SCRA Legislation Proposed to Codify Settlement of Violations
Over the past several years, the Department of Justice has been vigorously pursuing banks and other financial institutions that have violated the SCRA (the “Act”). Some of the provisions of settlement agreements have included burdens and standards that exceed those …
View moreNew Law Updates SCRA Military Protections
The U.S. government is constantly looking for effective methods to safeguard active-duty military members’ financial and legal rights. Historically, one of the most beneficial laws has been the Servicemembers’ Civil Relief Act, but even this piece of legislation isn’t perfect.…
View moreNew Legislation Would Grant More SCRA Oversight For CFPB
News stories highlighting fines assessed by the U.S. Office of the Comptroller of the Currency or the Department of Justice related to the Servicemember Civil Relief Act are fairly commonplace. For example, we recently outlined OCC and DOJ complaints against …
View moreBill Proposed To Extend SCRA Mortgage Protections
Editor’s Note: Since the time this blog article was published, the time period of protections after termination of active duty has changed over the years. See Section 533 of the SCRA, particularly, Footnote 9.
Rep. Stephen Fincher, R-Tennessee, recently …
View moreSCRA Child Custody Protections
Active-duty military members are getting better safeguards in child custody cases.
The House of Representatives passed an addition to child custody protections afforded to servicemembers as part of the Servicemembers Civil Relief Act as part of the most recent military spending …
View moreMass. Law: Notice Shifts Burden from Servicemembers To Lender
The Servicemembers Civil Relief Act (“SCRA”) generally requires that, for a Servicemember to be protected by the provisions of the SCRA, the servicemember must affirmatively send a notice to lenders. A provision in the SCRA that shifts burden to the …
View more