Category: News - Page: 7

News related to the Servicemembers Civil Relief Act.

Precedents for SCRA Interest Benefits

How do servicemembers get SCRA interest benefits? They used to have to formally request them, but that isn’t always the case anymore.

The government fined Sallie Mae and its former subsidiary Navient Solutions several years back for charging active-duty servicemembers …

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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 …

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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 …

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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 …

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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.…

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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, …

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