When members of our Armed Forces are on active duty, they’re putting their lives on the line to protect our freedoms. The last things they need to worry about are their families, their finances, their homes, and their cars.
Thanks to the Servicemembers Civil Relief Act, active duty servicemembers are afforded some financial protections while they’re on active duty.
Who is Protected Under the SCRA?
According to the Servicemembers Civil Relief Act, all servicemembers on active duty are entitled to the Act’s protections. This includes National Guardsmen and Reservists who have been called to active service for more than 30 consecutive days. It also covers commissioned officers of the Public Health Service and the National Oceanic and Atmospheric Administration. The SCRA protections kick in on the date the servicemember enters active duty, and are valid until 30 to 90 days after the servicemember has been discharged from active duty.
Learn more about:
- What “Your Ability to Pay to be ‘Materially Affected’” Means
- Reducing the Interest Rate on High-Interest Loans
- Car Loans, Installment Contracts, and Mortgages
- Vehicle Repossession
- Your Rights Regarding Storage Units
- Vehicle and Equipment Leasing
- Default Judgments
- Restrictions to Pay Garnishment
- Credit Report Repercussions
- Sample Letter to Request Interest Rate Reduction to 6%
If you have been the victim of harassment or illegal or unfair debt collection practices, contact the Fair Debt Attorneys at Lemberg & Associates immediately to discuss your options and protect your rights. When you owe creditors money, you are protected by the Fair Debt Collection Practices Act, as well as other federal and state laws. If a debt collector has violated your rights, you may be entitled to up to $1000 in damages, and they may even have to pay your attorney fees. Sergei Lemberg, and the attorneys at Lemberg & Associates have helped countless people to assert their legal rights with debt collectors. Don't be intimidated by illegal debt collection practices. For more information, contact
Lemberg & Associates
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