Category: News - Page: 4

News related to the Servicemembers Civil Relief Act.

Lender to Pay $9M for Student Loan SCRA Violations

A federal student loan servicer has agreed to pay $9 million to settle a fraud claim with the New York Attorney General’s office for Student Loan SCRA Violations that deceived borrowers with student loans.

The student loan debt crises has …

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Credit Union Settles with DOJ for $95K for SCRA Violations

The Department of Justice has found yet another lending institution to have committed SCRA Violations after it illegally repossessed servicemembers’ cars.

The DOJ announced last month that it reached an agreement with a credit union in upstate New York,  in …

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DOJ Sues Auto Lender, Alleging SCRA Violations

Another finance company has become the Department of Justice’s latest target, accused of violating the Servicemembers Civil Relief Act. DOJ sues auto lender should prompt attention – do your military verification before you take action.

The SCRA, a federal law, …

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Mortgage Obligations Incurred During Military Service Not Subject to SCRA Protection

Sibert v. Wells Fargo Bank, N.A. 863 F.3rd 331 (4th Cir. July 17, 2017); Servicemembers Civil Relief Act, 50 U.S.C. §3953(a)

Mortgage Obligations Incurred During Military Service Are Not Subject to SCRA Protection

The 4th Circuit held that …

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Servicemembers Civil Relief Act Divorce Rules – Avoid Fines

Divorce cases are almost always difficult, and those involving service members can add another layer of complications. Plaintiffs must pay attention to particular military divorce rules under SCRA so as to avoid fines, penalties and even possible imprisonment.

The Servicemembers …

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SCRA Student Loan Interest Rate Compliance

Student financial aid offices across the U.S. need to be vigilant about their SCRA student loan interest rate compliance in accordance with the Servicemembers Civil Relief Act.

Student loans have been in the news more than ever during this last …

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