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 moreAuto starter interrupters could be SCRA compliance risk
Active Duty And Civilian Student Loan Adjustments
For years, private student lenders have had to make adjustments to repayment plans in order to comply with the Servicemembers Civil Relief Act, but some are starting to offer similar options to civilians.
Wells Fargo was recently the first private …
View moreWhat are the SCRA Lending Standards?
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.
As major mortgage lenders near …
View moreHow Can Health Insurers Comply With SCRA?
Health care is a major issue in the United States, both for active-duty servicemembers and civilians. While those who are not employees of the armed forces may be primarily concerned with the Affordable Care Act, veterans may be thinking about …
View moreDoes The SCRA Apply To Bankruptcy Proceedings?
The Servicemembers Civil Relief Act is an important law that provides protections to those with active military status in regards to civil issues. Because of the specific vulnerabilities that servicemembers face, it is considered important to protect their interests at …
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