Category: News - Page: 11

News related to the Servicemembers Civil Relief Act.

5 Mortgage Servicers To Pay Millions For SCRA Violation

Close to 1,000 servicemembers will be receiving portions of a rather large settlement reached between the U.S. government and several mortgage servicers regarding their SCRA violation.

U.S. Justice Department announced that it has reached a settlement with five mortgage servicing …

View more

Indiana Bill Similar To SCRA Passes State Senate

Legislation protecting servicemembers in Indiana in ways similar to that of the federal Servicemembers Civil Relief Act was recently approved by members of the state’s House of Representatives in an effort to provide an extra layer of protection for on-duty …

View more

NC Judge Reprimanded For SCRA Non-Compliance

Even if you are a respected judge, you are not above scrutiny for a failure to abide by the statutes of the Servicemembers Civil Relief Act.

According to North Carolina court documents, Judge Brenda Branch of the General Court of …

View more

Bank Sued Over SCRA Violation

While large banks are generally more prepared for compliance with the Servicemembers Civil Relief Act than smaller businesses and individuals, they still sometimes find themselves on the wrong side of this strictly enforced law, leading to fines and other penalties.…

View more

Illegal Debt Collection Against Active Military Members

Last week, federal regulators reached a settlement with owners of lending and retail companies that were targeting active duty servicemembers and utilizing illegal debt collection practices under the SCRA.

Two companies, Freedom Furniture and Electronics and Military Credit Services, …

View more

DoD Fights SCRA Lender Abuse With Allotment Rules

In response to media reports of active duty servicemember abuse by predatory lenders, the Department of Defense has announced a new policy designed to minimize the effects of SCRA lender abuse.

This week, the Department of Defense announced that, starting …

View more