SCRA Guidelines for Real Estate Creditors
Banks, lenders, landlords and anyone who rents to or holds a mortgage for a servicemember should be keenly aware of the ins and outs of the Servicemembers Civil Relief Act. Real estate creditors must address SCRA guidelines before they take …
View moreSCRA State Laws
The Servicemembers Civil Relief Act is a federal law protecting service members on active duty from certain court orders, default judgments, and judicial proceedings. The federal SCRA provides broad protections that cover situations such as eviction, foreclosure, court cases, loans, …
View moreMove-Out Penalties Violate The SCRA
Recently a Virginia-based rental company received a cease and desist letter after charging allegedly illegal fees to active duty individuals in violation of the Servicemembers Civil Relief Act, legislation which allows military members to terminate certain financial obligations while deployed.…
View moreCFPB Explains ServiceMember Tenant Rights
Complaints from servicemembers regarding their debts are common in Consumer Financial Protection Bureau’s database, and the government agency recently posted a blog listing the rights of persons whose military service is currently active.
Complaints from servicemembers actually happen to be …
View moreWhat To Know If You Rent To Active Duty Servicemembers
Renting to active duty servicemembers is often a great decision! Members of the uniformed services tend to be very reliable, hardworking individuals. They have a steady paycheck and are accountable for their actions, meaning that disputes are often easily mediated …
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