Court Changes SCRA Expectations for Lenders
What are the SCRA expectations for lenders regarding the Servicemembers Civil Relief Act?
The interpretation of this longtime federal law has been that it is the responsibility of servicemembers to notify lenders when they believe they are due protections.
But …
View moreWhat Do Proposed Changes to Forced Arbitration and the SCRA Mean to Lenders?
Congress recently announced plans to re-introduce a bill to ban the use of forced arbitration in cases involving the Servicemembers Civil Relief Act. This move may prove to have a serious impact on lenders.
The bill, known as the Justice …
View moreWill the Proposed FECRA Modeled After SCRA Help Me?
As a result of the government shutdown, some Democrats in Congress have introduced FECRA legislation similar to the SCRA to help protect federal workers.
The Servicemembers Civil Relief Act is a revision to a federal law dating back to World …
View moreWashington State SCRA – House Votes for More Protections
The Washington state House of Representatives recently passed provisions that broaden the protections of the federal Servicemembers Civil Relief Act (SCRA).
House Bill 1056, which passed unanimously, has a similar version, Senate Bill 5041, for the Senate’s …
View moreNew DoD SCRA Regulations for Moneylenders
If you’re a moneylender, recent regulation changes to the Military Lending Act issued by the DoD could greatly affect your business.
Banks and other lending institutions likely know about the SCRA regulations the Department of Defense set up in 2006 …
View moreU.S. Code Revision Changed SCRA Citations – Appendix eliminated
In 2015, a revision to the U.S. Code changed how the Servicemembers Civil Relief Act was numbered and cited.
The House of Representatives Office of the Law Revision Counsel eliminated the appendix to Title 50 of the U.S. Code on Dec. …
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